Introduction: In an economy goods and services and factor services are being constantly exchange between different individuals like producers and household and other individuals in the economy is known as circular flow of income. In other
Introduction: Macro economics is a branch of economics that deals with the study of aggregate or behavior of the entire economy. Here we study the collective functioning of the entire economy. It deals with the
Introduction: The principles of taxation are guidelines that help governments design tax systems that are fair, efficient, and effective in raising revenue. These principles aim to balance the government’s need for revenue with the taxpayers’
Introduction: Ralph George Hawtrey’s theory of the trade cycle, also known as the Monetary Theory of the Trade Cycle, emphasizes the role of monetary factors in explaining economic fluctuations. Hawtrey, a British economist, developed this
Introduction: The economic progress of capitalist countries has been marketed by periodical and frequent fluctuations in the tempo of economic activity in investment in output in income and in employment. this economies are constantly experiencing
Introduction: The economic progress of capitalist countries has been marketed by periodical and frequent fluctuations in the tempo of economic activity in investment in output in income and in employment. this economies are constantly experiencing
Introduction: Due to increase in the activities of the Government the volume of public expenditure has rising over the years and every time it is not possible to meet a increase expenditure through the traditional
Introduction: Due to increase in the activities of the Government the volume of public expenditure has rising over the years and every time it is not possible to meet a increase expenditure through the traditional
Public expenditure refers to the spending made by the government or public authorities to provide goods and services, support economic development, and fulfill various public needs. It includes all the financial outlays by the government
Introduction: Public expenditure refers to the spending made by the government or public authorities to provide goods and services, support economic development, and fulfill various public needs. It includes all the financial outlays by the
