Introduction to Micro and Macro Economics
- Types of Utility
- Concepts of Utility
- Relationship Between Total Utility and Marginal Utility
- Law of Diminishing Marginal Utility
- Assumptions of Diminishing Marginal Utility
- Exceptions to the Law of Diminishing Marginal Utility
- Criticisms of the Diminishing Marginal Utility
- Significance of the Diminishing Marginal Utility
- Relationship Between Marginal Utility and Price
- Diminishing Marginal Utility
Elasticity of Demand
Forms of Market
- Concept of National Income
- Features of National Income
- Circular Flow of National Income
- Different Concepts of National Income
- Methods of Measurement of National Income
- Output Method/Product Method
- Income Method
- Expenditure Method
- Difficulties in the Measurement of National Income
- Importance of National Income Analysis
Public Finance in India
Money Market and Capital Market in India
- Financial Market
- Money Market in India
- Structure of Money Market in India
- Organized Sector
- Reserve Bank of India (RBI)
- Commercial Banks
- Co-operative Banks
- Development Financial Institutions (DFIs)
- Discount and Finance House of India (DFHI)
- Unorganized Sector
- Role of Money Market in India
- Problems of the Indian Money Market
- Reforms Introduced in the Money Market
- Capital Market
- Structure of Capital Market in India
- Role of Capital Market in India
- Problems of the Capital Market
- Reforms Introduced in the Capital Market
Foreign Trade of India
Introduction to Micro Economics
- Features of Micro Economics
- Analysis of Market Structure
- Importance of Micro Economics
- Micro Economics - Slicing Method
- Use of Marginalism Principle in Micro Economics
- Micro Economics - Price Theory
- Micro Economic - Price Determination
- Micro Economics - Working of a Free Market Economy
- Micro Economics - International Trade and Public Finance
- Basis of Welfare Economics
- Micro Economics - Useful to Government
- Assumption of Micro Economic Analysis
- Meaning of Micro and Macro Economics
Analysis of Demand and Elasticity of Demand
Analysis of Supply
Types of Market and Price Determination Under Perfect Competition
Factors of Production
Introduction to Macro Economics
- Features of Macro Economic
- Importance of Macro Economic
- Difference Between Mirco Economic and Macro Economic
- Allocation of Resource and Economic Variable
Determinants of Aggregates
- Introduction of Public Economics
- Features of Public Economics
- Meaning of Government Budget
- Objectives of Government Budget
- Features of Government Budget
- Public Economics - Budget (1 Year)(1 April to 31 March)
- Types of Budget
- Taxable Income
- Budgetary Accounting in India
- Budgetary Accounting - Consolidated , Contingency and Public Fund
- Components of Budget
- Factor Influencing Government Budget
Supply schedule :
A supply schedule is a tabular representation of the functional relationship between price and quantity supplied of a particular commodity.
1) Individual Supply Schedule :
Individual supply schedule refers to a tabular representation showing various quantities of a commodity that a producer is willing to sell at various prices, during a given period of time.
The table explains the functional relationship between price and quantity supplied of a commodity. Lower the price, lower the quantity of a commodity supplied and vice versa. At the lowest price of ₹10, supply is also lowest at 100 kgs. At the highest price of ₹50, quantity supplied is highest at 500 kgs.
Individual Supply Curve :
It is a graphical presentation of individual supply schedule.
In the figure, quantity supplied is shown on the X axis and price on the Y axis. Supply curve SS slopes upwards from left to right, indicating
a direct relationship between price and quantity supplied.
2) Market Supply Schedule :
Market supply schedule refers to a tabular representation showing different quantities of commodity which all producers are prepared to sell at different prices at a given period of time.
In the Table, market supply is obtained by adding the supply of sellers A, B and C at different prices. At a highest price of ₹50, market supply is the highest at 1800 kgs. At a lowest price of ₹10 market supply is lowest at 600 kgs.
Market Supply Curve :
It is a graphical presentation of market supply schedule.
In the Table, quantity supplied is shown on the X axis and price on the Y axis. Supply curve SS slopes upwards from left to right, indicating a direct relationship between price and market supply.
Shaalaa.com | Supply Part 1
Identify & explain the concept from the given illustration.
Ajay’s papad and pickle producing unit incurred expenditure of ₹ 50,000/- on machinery, ₹ 1,00,000/- towards rent and ₹ 2,00,000/- on wages for the workers during 2018-19.
Explain, with reason, whether you Agree or Disagree with the following statement
There is no difference between stock and supply.
Fill in the blank with appropriate alternative given below
When the price rises, there is __________ of supply.