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 Public Expenditure Function | Econometrics

The below mentioned article provides a study note on the public expenditure function. In order to discharge various functions, the Government has to incur expenditure for different purposes. As the public sector goes on increasing, the amount of expenditure for various development activities also increases. Thus both the expansion of public sector and public expenditure move together in the same [...]

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