Market Structures : Meaning and Types


Introduction: Market Structures A market structure is a system of classified goods and services that are exchanged between buyers and sellers. It can be defined as the way in which an economy allocates resources to satisfy the wants of consumers. We can also see that there are various factors that determine the type of market … Read more

Elasticity of Demand

Introduction to Elasticity of Demand Elasticity of demand is an important concept in economics, because it measures how responsive consumers are to changes in prices. Elasticity of demand is the degree to which a given quantity of a good or service can be produced in response to changes in the price of that good or … Read more

Demand Theory [PPT]


Demand can be defined as the willingness and ability of consumers to purchase a given amount of a good or service at a given price. In other terms, demand for any commodity is the desire, ability and willingness to buy a product or service. Sources of Internal FinanceElasticity of DemandLimitations of Diminishing Marginal Utility


Law of diminishing marginal utility

Law of Diminishing Marginal Utility The Law of Diminishing Marginal Utility (LDMU) states that the marginal utility of a commodity decreases as more units are acquired. It is a fundamental law in economics and explains how the utility derived from any goods or services decrease with increase in consumption. The Law of Diminishing Marginal Utility … Read more

Non-Performing Assets( NPAs) in Detail


What are Non-Performing Assets? Non-performing assets are assets that are not performing well and have a negative impact on the company’s financial performance. These assets include physical, intellectual and intangible property. Non-performing assets, or NPAs, are assets that have not been generating cash flow. They are written off by the company and are not expected … Read more


The Commonwealth Games (CWG) Scam jeopardized the reputation of India in the global platform. It reflected the extreme condition of corruption, mismanagement, fraud and misuse of funds in the Commonwealth Games. Introduction The Commonwealth Games is an international sport event featuring multi-sport events. It involves athletes from all the Commonwealth of Nations. This event started … Read more

Economics MCQ with Solution [ 2022 ]

Economics MCQ

Here, we present the MCQ with solution for Economics course for Higher Secondary, Undergraduate and graduate level. ECONOMICS MULTIPLE CHOICE QUESTION (MCQ) References

Factors of Production : Introduction and Characteristics


Introduction to Factors of Production (FOP) Factors of production (FOP) is an economic terms. FOP are basically all the inputs which are required to produce other goods and services for economic profit. Factors of Production are also known as ‘Inputs’ and ‘Agents of Production’. There are four universally recognized factors of production: Land Land refers … Read more

Macroeconomic variables of Nepal [2020/2021]

Introduction to Macroeconomic Variables Macroeconomic variables are those economic indicators which indicates the current trends of the economy. In simpler terms, macroeconomic variables are those phenomenon, patterns or conditions that reflect or relate a large aspect of an economy. Such variables preview the overall performances of an economy. Introduction to Nepal and Nepalese Economy Nepal … Read more

Goods in Economics : Meaning and Classification

economic good

Meaning of good Good is any item that adds some kind of value to the lives of people in any form. Good can be any tangible item that satisfies the want of the consumers. In factor of production, a good is the output of an economic system. Features of goods Classification of goods Normal Goods … Read more