Keynesian Theory of Employment

Economics

Keynesian Theory of Employment

Keynesian Theory of Employment The Keynesian theory of Employment provides a systematic, realistic and feasible theory to determine all levels of employment. Principles of Effective … Read more

Aggregate Demand

Economics

Aggregate Demand & Aggregate Supply

Aggregate demand (AD) is the total amount of goods and services demanded in an economy. Aggregate demand spending determines output and income, which in turn, … Read more

Economics

What is Break Even Analysis?

What is Break Even Analysis? Break even analysis, also called cost-volume-profit analysis, is employed to analyze the relationship among total cost, total revenue and total … Read more

Principle of Maximum Social Advantage

Economics

Principle of Maximum Social Advantage

What is the principle of Maximum Social Advantage? Dalton stated that the main objective of public finance is to maximize social advantage. The achievement of … Read more