Think like an Economist

“Think like an Economist” – Why? For understanding and appreciating the various policies and regulations and their direct and indirect impact on the natural… Read Article

Sources of Public Debt

Meaning of Public Debt Public debt is the sum total of the borrowings of the Central/Federal government of a country. We also call it… Read Article

Circular-Flow Diagram Model

Meaning of Circular-Flow Diagram Model A Circular-flow diagram model is an economic visual model of macroeconomics that represents the movement of goods, services, and… Read Article

Positive vs Normative Economics

Positive vs Normative Economics: Meaning Positive vs Normative Economics are two branches of modern economics. The first one, Positive economics is built upon facts… Read Article

Ten Principles of Economics

Ten Principles of Economics Economics is the study of how to make the best possible use of the available resources such as capital, labor,… Read Article

Reverse Dumping

What do we mean by Reverse Dumping? Reverse dumping is the dumping of goods in a reverse manner- dumping or selling the goods at… Read Article

Persistent Dumping

What do we mean by Persistent dumping? Persistent dumping is the most permanent form of cross-border dumping. And this strategy lasts for a long… Read Article

Predatory Dumping

What do we mean by Predatory Dumping? Predatory dumping is an unfair form of price discrimination that takes place across national borders or internationally.… Read Article