Economic Concepts and Methods

Economic Concepts and Methods

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1. Introduction. The study of economics, whether it is Micro-or Macro-economics, helps one in understanding the functioning of an ... Basic. Assumptions. The assumption is an act of assuming or something taken to be granted. Every nroblem in economics is analysed under a specific set of assumptions which vary with the kind of economic problem under study. ... (ii) Behaviour of an Economic Unit: While analysing the behaviour of an economic unit, the analyst has to make ananbsp;...

Title:Economic Concepts and Methods
Author: TR Jain, OP Khanna
Publisher:FK Publications -

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