Meaning: The term Dynamic means changing or moving. So, dynamic economics is a study of the changing economy. In other words it is a study of changes in the economic system. The word dynamic means
Meaning: The study of economics on the basis of standstill condition is called static economic analysis or static economics. The changing condition of study is termed as dynamic economic analysis or dynamic economics. The concept
Meaning of Micro Economics: Micro Economics Meaning is micro study of every small unit of the economy in greater detail. The term Micro economics has been derived from Greek word MIKROS which means small. So
