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Types of Majorities :      1) Absolute Majority      2) Simple Majority   3) Effective Majority   4) Special Majority  1) Absolute Majority : More t…

INCLUSIVE GROWTH What is Inclusive Growth ?  Inclusive growth is growth process which yields broad based benefits and ensures equality of oppertuni…

Measurement of Inflation Link to  Inflation part 1  . Refer to the link before reading this notes. Measurement of Inflation :  GDP Deflator : It i…

Inflation What is Inflation  ?   Increase in general price level is called Inflation.  Types of Inflation :  Creeping Inflation : The level of inc…

Source : slideshare The American Revolution is also called as U.S. war of Independence. It occurred during the years 1775 -  1783. It happened betw…

MACROECONOMICS :    The term macro means large. it is the study of aggregates covering the entire economy such as total employment , national income,…

NATIONAL INCOME What is National Income ?   Total value of final goods and services  produced in a country is called National Income.   National In…