Economics

Lecture on Agricultural Revolution

Lecture on Agricultural Revolution

Primary objective of this lecture is to introduce on Agricultural Revolution. The agricultural revolution was a period of agricultural development between the 18th century. In this period new farming techniques and improved livestock breeding led to amplified food production. This allowed a spi.....

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Welfare Effects of Tax Policy in Open Economies

Welfare Effects of Tax Policy in Open Economies

Many economists have argued that fiscal policy is not effective for stabilization purposes. However, fiscal policy can be effectively used for stabilization under some circumstances. An example is monetary union such as the European Union where stabilizing monetary policy is not available for re.....

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Measuring The Cost of Living

Measuring The Cost of Living

The consumer price index (CPI) is a measure of the overall cost of the goods and services bought by a typical consumer. In determining the cost of living, Statistics BD first identifies a market basket of goods and services the typical consumer buys.

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National Income: Where It Comes From and Where It Goes

National Income: Where It Comes From and Where It Goes

National Income:  National income is the total value a country’s final output of all new goods and services produced in one year. Understanding how national income is created is the starting point for macroeconomics. A quite simple but powerful analytical model built around buyers and sellers.....

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The Data of Macroeconomics

The Data of Macroeconomics

This chapter focuses on the measurement of three statistics that economists and policymakers use to make policy decisions: Gross Domestic Product (GDP) – tells us the nation’s total income and the total expenditure of its output of goods and services. Consumer Price Index (CPI) – measures t.....

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Economic Development in China

Economic Development in China

Since initiating market reforms in 1978, China has shifted from a centrally planned to a market based economy and experienced rapid economic and social development. GDP growth averaging about 10 percent a year has lifted more than 500 million people out of poverty. All Millennium Development Goal.....

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Lecture on Economic Development in India

Lecture on Economic Development in India

Economic development activities in India range from microfinance to corporate banking and financial services. The economic growth has been driven by the expansion of services that have been growing consistently faster than other sectors. It is argued that the pattern of Indian development has bee.....

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Economic Development in Bangladesh part 2

Economic Development in Bangladesh part 2

Bangladesh is one of the most closed economies in the world. Opening up trade has to be one of the pillars of future growth. Bangladesh is believed to have performed well over the years as far as the indicators are concerned. Economic development activities in Bangladesh range from microfinance t.....

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Economic Development in Bangladesh

Economic Development in Bangladesh

Bangladesh is one of the most closed economies in the world. Opening up trade has to be one of the pillars of future growth. Bangladesh is believed to have performed well over the years as far as the indicators are concerned. Economic development activities in Bangladesh range from microfinance t.....

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Lecture on Poverty and Inequity

Lecture on Poverty and Inequity

Poverty and Inequity Per capital income/expenditure under which we regard them as being poverty. It is measured using statistical data on household income and expenditure. Poverty is the state for the majority of the world’s people and nations. Why is this? Is it enough to blame poor people fo.....

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Finance and Development

Finance and Development

Finance and Development are Expanded the experimental areas by obtaining fund from Bangladesh Bank, IFAD (International Fund for Agricultural Development). The Bureau of Economic and Business Affairs’ International Finance and Development unit (EB/IFD ) promotes U.S. economic development th.....

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International Trade Foreign Capital Flow and Aid in Development

International Trade Foreign Capital Flow and Aid in Development

countries are protecting agricultural market, which severely limits the export of agricultural products by developing countries. In order to promote industrialization, developing country adopts policies which restrict import of manufactured goods, thereby promote domestic manufacturing sector and.....

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