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Economics in layman terms is defined as an art and science of making available the limited resources to the individuals or organizations in order to satisfy the needs and desire of the same. Everyone in today's World, employs the rule of
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economics too a great extent.
The World now, after witnessing the slowdown or recession in their respective or leading economies, have become much more cautious and have started to employ the rule of
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Economics brings along with it several benefits to the individuals and the society. Some of them are as under:
- Helps in optimizing the usage of the resources
- Helps in utilizing the opportunity cost
- Helps in gaining social efficiency
- Helps in stabilizing the overall economy
- Helps in maintaining the key financial indicators at favorable levels
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- International finance
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- Fiscal policy
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- Environmental economics
- Regulation of monopoly
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- Demand & Supply of labor
- World economic history
- Economics of inequality and poverty
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- Monopoly
- Gains from trade
- Exchange rates
- Capital
- Computational economics
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- Unemployment
- Stochastic dominance
- Oligopoly
- Quantity adjustment paradigm
- Rational expectations
- Sources of economic growth
- Sources of inflation
- International finance
- Consumption
- Employment
- Econometrics
- International trade
- Public economics
- Industrial organization
- Auctions
- Wages
- Immigration economics
- Tariff
- Measuring income and output
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- Supply and demand
- Market failure
- Economics of european integrations
- Monopolistic competition
- Economics of science
- Policy business cycle fluctuations
- Business cycles
- Determinates of aggregate demand
- Disposable income
- New classical macroeconomics
- Markets
- Health economics
- Profit function
- Profit maximization
- Index number theory
- Normative economics
- Inflation interest rates
- Macroeconomics
- Asset markets
- Financial crisis
- Political economy
- Inequality constrained optimization
- Analysis of monetary
- Monetary and fiscal policy
- National income and Product accounts
- Public goods
- Political economics
- Economic development
- Depression and unemployment
- Inflation and monetary policy
- Intertemporal preferences
- Optimization with two periods
- Growth
- Oligopoly
- The Keynesian model in the open economy
- Expectations of inflation
- Expectations augmented price
- Externalities
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Links For Economics Info
Council For Economic Education
The Conference Boards
Kiel Institute For The World Economy
Page One Economics
Economic Research
GCC Economic
Economics Working Papers
UNO Center For Economic Education
Library of Economics