Monthly Archives: March 2013

Tips-II

I] Ideally go through 5 March board papers Solve all questions given after each chapter. Avoid cancellation, overwriting and use of short forms. Answers should be precise and to the point. Start a new question on a new page [not

Tagged with: , , ,
Posted in Board papers

Tips-I

The economics board paper scheduled for 4 th march 2013 has been rescheduled for 17 th March 2013. The Board will conduct an examination on Sunday for the first time. The examination will be held from 3.00 pm to 6.00

Tagged with: , , ,
Posted in Board papers

Methods of measuring national income

  Introduction Measures of national income and output are used in economics to estimate the value of goods and services produced in the economy. They use a system of national accounts or national accounting developed by Prof Simon Smith Kuznets

Tagged with: , ,
Posted in Econleaks Answers

Form utility

Form utility   Q] Define and explain form utility. Form utility is the want satisfying capacity and therefore the value given to a product due to a change in its form. Form utility is the most obvious utility added in

Tagged with: , ,
Posted in Econleaks Answers

THE PARADOX OF VALUE

THE PARADOX OF VALUE. Before heading for analyzing a paradoxical relation between diamond and water, let’s know how anything loses its value with its availability in abundance. Anything available excessively loses its marginal value in the world. This has been

Tagged with: , , , ,
Posted in Econleaks Answers