A shot summary of Malthus Food Crisis: Thomas Malthus (1766-1834) published An essay on the Principle of Population which was…
In 2008 the United States went through a Financial crisis. Many of these events were said to be the reflections…
Price Index A Price Index is a measure of the average level of prices. So when we see a news…
One important factor of business fluctuations is changes to aggregate Demand. Like I said before, any changes made to consumption,…
Shift Factors of Aggregate Demand We have defined the aggregate demand in our last posts .Let us now discuss the…
Macroeconomics has a lot of diverse concepts. One of these is the Aggregate Demand. If you have gone through microeconomics,…
Nominal GDP Nominal GDP is simply the value of all final goods and services produced in a country or in…
What is the Gross Domestic Product (GDP)? Have you Ever thought how an economic activity is measured in a country?…