Author : EconomyWatch

The Classical theory of interest defines the rate of interest as the element that equates savings and investment. Here investment is nothing but the demand for investible resources and...

The BOP theory of Exchange Rate is a statistical record of all the monetary transaction or payments that takes place between the inhabitants of one country and the rest...

The approaches to the Theory of Demand are diverse in nature, facilitating a better understanding of the concept of supply and demand on the part of the readers. In...

Economic graphs are related to economics, which is a branch of social science that is concerned with money flow patterns, trade activities and industrial production in a state. Analyzing...

In economics, the Time Preference Theory of Interest is concerned with the relation between increase or decrease in the rate of interest with respect to time periods. According to...

The Theory of Labor Supply defines the supply of labour as the number of workers willing to and able to work for a specific wage rate in a given...

Game Theory in Supply has been successfully used for quite some timed now. The game theory has gained a lot of emphasis and has become a necessary tool for...

The Kinked Demand Theory or the Kinked Demand Curve Theory is explained with respect to monopolistic competition and oligopoly. In fact, the development of the Kinked Demand Theory acted...

An Introduction to Game Theory comprises information on the concept of Game Theory, its application and the various forms of games that the theory propounds. It is basically a...

Economic depression is a severe and prolonged period of downturn. For a downturn to be classified as depression, the generally accepted definition calls for a decline of at least...