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What is a Goldilocks scenario for an economy?
Economics Explained

What is a Goldilocks scenario for an economy?

What is a Goldilocks scenario for an economy?   Goldilocks is a state of economy, where there is not too high gro…

Bhavin U. Pujara February 24, 2024
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What is the Crowding Out effect?
Economics Explained

What is the Crowding Out effect?

This is one of the most discussed phenomena, especially in countries where government spending plays a crucial role…

Bhavin U. Pujara February 03, 2024
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Interest Rates | Inflation | Bond Market | decoded for beginners - Everything to know about - Explained in detail
Economics Explained

Interest Rates | Inflation | Bond Market | decoded for beginners - Everything to know about - Explained in detail

As interest rates have peaked globally, bond as an asset class is going to take center stage in the discussions about i…

Bhavin U. Pujara January 27, 2024
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What is Perfect Competition?
Economics Explained

What is Perfect Competition?

Behavior of a Firm | Profit Maximization Problem of a Firm | Price Taking Behavior Profit Maximization Problem of a Fir…

Bhavin U. Pujara November 29, 2022
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Long Run Costs and Shapes of Long Run Cost Curves
Economics Explained

Long Run Costs and Shapes of Long Run Cost Curves

What is Long Run Average Cost (LRAC) and Long Run Marginal Cost (LRMC)? Introduction The costs of a firm are discussed …

Bhavin U. Pujara November 28, 2022
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Shapes of the Short Run Cost Curves – Part 3
Economics Explained

Shapes of the Short Run Cost Curves – Part 3

Shape of Average Variable Cost (AVC) Curve and Shape of Short Run Average Cost (SAC) Curve In previous two part of Shap…

Bhavin U. Pujara November 27, 2022
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Shapes of the Short Run Cost Curves – Part 2
Economics Explained

Shapes of the Short Run Cost Curves – Part 2

Shape of the Average Fixed Cost (AFC) Curve and Short Run Marginal Cost (SMC) Curve In part 1 of the Shape of Short Run…

Bhavin U. Pujara November 25, 2022
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Shapes of the Short Run Curves - Part 1
Economics Explained

Shapes of the Short Run Curves - Part 1

Shape of Total Fixed Cost (TFC) Curve, Total Variable Cost (TVC) Curve and Total Cost (TC) Curve In previous sessions, …

Bhavin U. Pujara November 23, 2022
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Short Run Costs
Economics Explained

Short Run Costs

TFC | TVC | TC | AFC | AVC | SAC | SMC What is Short Run and Long Run for a Firm? In the previous session we discussed …

Bhavin U. Pujara November 22, 2022
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What is Cost Function? | Cost Function vs. Production Function
Economics Explained

What is Cost Function? | Cost Function vs. Production Function

What is a Firm? What is Production? What is Cost of Production? In previous sessions, we discussed in detail regarding…

Bhavin U. Pujara November 21, 2022
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