BRAIN BOX OF ECONOMICS

  The UGC NET( University subventions Commission National Eligibility Test) is a  public-  position  test conducted in India to determine eligibility for the post of Assistant Professor and/ or Junior Research Fellowship( JRF) in Indian universities and  sodalities. The  test is conducted twice a time by the National Testing Agency( NTA).  image credit :thestatesman For the time 2024, the NTA will be conducted on 18 June 2024. Thousand of  campaigners submitted their online  operations and now await the admit card to appear in the examination. seeker can fill out their login details and  fluently download the admit card through the link.    To stay  streamlined on the  rearmost information about UGC NET June 2024, UGC NET June 2024,   individualities can directly visit the  sanctioned website of the National Testing Agency or the University subventions Commission.     The authority opened...

UGC NET June 2024: Verify the Application Form's Last Date for Corrections. June 2024: The University Grants Commission - National Eligibility Test (UGC NET) correction window has been opened by the National Testing Agency (NTA), which is administering the test. On June 18, 2024, the UGC NET June 2024 Exam will take place. Candidates who completed the UGC NET June 2024 Application Form and would like to make modifications may visit ugcnet.nta.ac.in , the official website. On May 21, 2024, the rectification window opened yesterday. The application form correction window will close on May 23, 2024, at 11:59 p.m.To access the UGC NET June 2024 Application Form and make modifications, candidates must enter their registration number and password. The admission card will be released by the NTA on its official website shortly after the rectification window closes.For more information.To access the UGC NET June 2024 Application Form and make modifications, candidates must enter their regis...

  Law of Demand : The law of demand states that, all else being equal, as the price of a good or service decreases, the quantity demanded increases, and vice versa. This principle helps explain how consumers respond to changes in price. Substitution Effect : When the price of a good increases, consumers may choose to substitute it with a similar but cheaper alternative. This substitution effect influences consumer behavior and purchasing decisions. Income Effect : Changes in income can also impact consumer behavior . When income increases, consumers may choose to buy more goods and services (normal goods) or fewer goods and services (inferior goods), depending on the type of good. Consumer Surplus : Consumer surplus refers to the difference between what consumers are willing to pay for a good or service and what they actually pay. It represents the additional benefit or satisfaction that consumers receive from consuming a good beyond what they had to pay for it. Elasticity of De...

UNIT 1: MICRO ECONOMICS  Here you are in the fascinating field of microeconomics ! You're at the perfect place if you're interested in learning how people and companies decide what to buy. Microeconomics studies the activities and interactions of individual economic actors in different markets, including producers and consumers. Essential concepts like supply and demand, market structures , elasticity, and consumer choice will all be covered in this introductory series. We'll lead you through lively conversations and real-world examples, whether you're a student trying to understand the fundamentals or an enthusiast keen to learn about economic theory. Prepare to learn more about how individual decisions affect our economic environment as you work through the intricacies of microeconomics.

                              A Guide to UGC NET Economics:  Are you prepared to explore the intriguing field of UGC NET Economics? This introduction to economics is meant to provide you, whether you are an experienced scholar or just starting out, with the knowledge and understanding you need to start this rewarding path. The National Testing Agency (NTA) offers a prominent exam called UGC NET Economics, which is a starting point for those who want to work in economics research and education. The exam necessitates both a deep comprehension of the subject matter and analytical skill due to its demanding syllabus and extensive treatment of economic theories, policies, and procedures. The complexities of UGC NET Economics be covered in this blog series, along with helpful hints, study techniques, and resources to help you succeed. From econometrics to development economics, from macroeconomic concepts to micr...