by kasi | Sep 29, 2010 | Macro-Economics
National income is the total income of a country and does not include the incomes from illegal sources. There are three different approaches to measure the national income of a country i.e. income method, product method, and expenditure method. Since three different... by kasi | Jun 28, 2010 | Macro-Economics
The word fiscal is derived from the word Fisc which means treasury therefore fiscal policy deals with the matters of treasury or public finance. Fiscal policy refers to the government policy of public expenditure and taxes. Fiscal policy plays an important role in... by kasi | Jun 26, 2010 | Macro-Economics
The word fiscal is derived from the word Fisc which means treasury therefore fiscal policy deals with the matters of treasury or public finance. Fiscal policy refers to the government policy of public expenditure and taxes. Fiscal policy plays an important role in... by kasi | Jun 25, 2010 | Macro-Economics
Monetary policy refers to the control of credit and total money supply. This policy is also known as the central bank’s policy in control of credit. Control of money supply is very important for the economic growth of a country. If there is excess supply of money then... by kasi | Jun 25, 2010 | Macro-Economics
There are various measures to control the inflation effectively before it gets out of hand. Since inflation shows disequilibrium between demand and supply of goods at current prices therefore measures should be taken either to decrease the demand or increase the... by kasi | Jun 23, 2010 | Macro-Economics
Inflation is a situation where general price level is rising continuously indicating disequilibrium between demand and supply of goods at current prices. Causes of inflation vary from one country to another, thus different types of inflation exist at different places...