Managerial Economics
Fiscal Policy
Fiscal policy is how the Government of India uses taxes and spending to steer the economy. Its objectives, tools, the FRBM Act, recent trends, and contractionary versus expansionary policy.
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Managerial Economics
Demand, supply, cost, market structure and the policy that shapes them.
Managerial Economics
Managerial Economics
A Macro-Economic Overview
Macroeconomic policy is how a government steers national income, prices, jobs and growth. Its two main tools are fiscal policy and monetary policy.
Managerial Economics
The Indian Economy in 2022, and the Ease of Doing Business
Where the Indian economy stood in 2022, when it became the world's fifth largest, and the reforms that made it easier to do business in India.
Managerial Economics
NITI Aayog
NITI Aayog replaced the Planning Commission on 1 January 2015. What it is, how it differs from the old Commission, and why the Commission was wound up.
Managerial Economics
The Direction Indian Economic Planning Has Taken
A plan-by-plan look at India's Five Year Plans, from the First Plan of 1951 to the Twelfth: each plan's focus, its growth target and what it actually achieved.
Managerial Economics
India’s Five Year Plans
The salient features of India's Five Year Plans: democratic and decentralised planning, central and state plans, public and private outlays, core objectives and shortfalls.
Managerial Economics
Economic Planning in India
How economic planning began in India: from Visvesvaraya's 1934 book and the National Planning Committee to the Planning Commission of 1950 and the First Five Year Plan.
Managerial Economics
Income Inequality, and How It Is Measured
How income and wealth inequality differ from poverty, how the Lorenz curve and Gini coefficient measure inequality, and the main causes of unequal incomes.
Managerial Economics
How Poverty Is Measured
How poverty is measured: income thresholds, the World Bank's international poverty line, and the difference between absolute and relative poverty.
Managerial Economics
Poverty: What It Is and Who It Reaches
Poverty is the lack of resources for a minimum standard of living. What it means, how the international poverty line works, and what poverty does to children.
Managerial Economics
What Drives Economic Development
The economic and non-economic factors that decide how fast a country develops: capital formation, natural resources, farm surplus, trade, human resources, technology and more.
Managerial Economics
The Features of an Under-Developed Economy
The main features of an under-developed economy, from low per capita income and dependence on agriculture to low capital formation, poverty, dualism and poor infrastructure.
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