Tag Archives | Notes

Ridge Lines (With Diagram) | Production Function | Economics

The below mentioned article provides a short note on ridge lines. This will also help you to draw the diagram of ridge lines. The marginal product of a particular factor may be negative if the quantity used is too large. For example, if too much labour is used there may be congestion and the efficiency of all the labourers may [...]

By |2017-01-13T05:58:22+05:30January 13, 2017|Production Function|Comments Off on Ridge Lines (With Diagram) | Production Function | Economics

Quick Notes on Super-Multiplier | Business Cycle

The below mentioned article provides a note on super-multiplier. The term 'super-multiplier' was first coined by J.R. Hicks in his business cycle theory. The object was to show the relationship between change in induced investment and the corresponding change in income. To be more specific, it indicates the ratio between the two changes, i.e., in investment and in equilibrium output. [...]

By |2017-01-13T05:55:18+05:30January 13, 2017|Business Cycles|Comments Off on Quick Notes on Super-Multiplier | Business Cycle

Study Notes on the Employment Function | Econometrics

The below mentioned article provides a study note on the employment function. Empirical Model for Employment Function from Cobb Douglas Production Function: The employment [labour] intensity of economic growth can be understood by the size of output elasticity of employment. In other words the concept of output elasticity of employment in a particular sector of the economy helps in understanding [...]

By |2016-11-04T05:15:53+05:30November 4, 2016|Econometrics|Comments Off on Study Notes on the Employment Function | Econometrics
Go to Top