In this essay we will discuss about Cost and Cost Curves. After reading this essay you will learn about: 1. Accounting and Economic Costs 2. Production Costs 3. Real Costs 4. Opportunity Cost 5. Private and Social Costs 6. The Cost Function 7. The Traditional Theory of Costs 8. The Modern Theory of Costs. Contents: Essay on Accounting and Economic [...]
In this essay we will discuss about Supply of a Commodity. After reading this essay you will learn about: 1. Meaning of Supply 2. The Law of Supply 3. The Elasticity of Supply 4. The Short-Run Supply Curve of the Firm and Industry 5. The Long-Run Supply Curve of the Firm and Industry 6. Supply Curve under Monopoly or Imperfect [...]
In this essay we will discuss about the inequality of incomes in an economy. After reading this essay you will learn about: 1. Causes of Inequality 2. Effects of Inequality 3. Measures to Reduce Inequalities 4. Measurement of Inequality of Incomes. Content: Essay on the Causes of Inequality Essay on the Effects of Inequality Essay on the Measures to Reduce [...]