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

Macroeconomics & Microeconomics: Meaning Economics is a social science. And it is the study of how the people within the country or of an… Read Article

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

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

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

Dumping is the commercial practice of selling goods abroad at a lower price than what the company sells in its own country. It is… Read Article

Trade Deficit: Meaning Trade Deficit occurs when the imports of the country are higher than the exports of the country. It is a situation… Read Article

Soft Currency: Meaning Soft Currency is a currency that fluctuates instantly with the fluctuations in the market conditions. Moreover, this type of currency is… Read Article

Production Possibility Frontier: Meaning Production Possibility Frontier (PPF) is a macroeconomics concept that shows various combinations of two products or services using almost the… Read Article

Hyperinflation: Meaning Hyperinflation is a situation where a rapid and excessive increase in prices takes place in the economy. It is an uncontrollable situation… Read Article