Firstly I want to thank Prof. Prashant Kulkarni Sir for making me understand a bit of economics.
At the beginning I was very scared of this subject because I am from a non commerce background, but eventually things became a bit easy for me.
I came to learn about some laws of economics and applied them in various situations.
The example which sir gave us to understand economics laws was too good to understand.
This is just the beginning.Hope to learn more.
Economics when applied to real life sounds beautiful. this blog is for those students who are discovering the different facets of economics applications and want to share their discoveries.
Saturday, September 29, 2018
My learning in Economics
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IMPACT OF SOCIETY /SOCIAL GROUPS ON PURCHASE INTENTIONS OF HOME BUYING- Consumers are the most important factor that will make any bus...
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Supply in elastic:if the supply is difficult to replace the product by a substitute goods then that is known as supply-in-elastic. Example...
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MARKET STRUCTURE: there are different market structures that can be characterized to an economy, without market structure any company ca...
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If the supply is easy to replace by multiple suppliers then it’s known as supply elasticity. Any unskilled worker is an example of supply e...
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