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Elasticity in Economics

January 6, 2022January 9, 2022 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

Elasticity in Economics is an essential concept that economists should master. Elasticity in Economics is the concept of sensitivity analysis

Basics of Economics Behavioral Economics Economics Markets Microeconomics

Demand in Economics

December 9, 2021December 9, 2021 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

What does demand in an economy mean? Why should we understand the demand factors in an economy? Students learning economics

Basics of Economics Business Administration Economics Macroeconomics Mathematics Microeconomics

Production Technology in Economics

November 12, 2021November 13, 2021 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

What is the meaning of production technology in Economics? Are you stranded in the production theory and are looking for an easy entry

Basics of Economics Economic Policy Economics Globalization Macroeconomics Markets Microeconomics Sustainability

Scarce Resources in Economics

November 4, 2021November 5, 2021 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

What are the scarce resources in economics, and why should we understand what they are? In your economics class, students should

Basics of Economics Economics Macroeconomics Monetary Economics

Motives of Money Demand and Supply

November 3, 2021November 3, 2021 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

What are the motives of money demand and supply? Most of us participate daily in the money market as demand

Basics of Economics Economic Blog Economics Markets Microeconomics

How private Households maximize Utility

October 27, 2021October 27, 2021 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

Did you understand how private households maximize utility in your microeconomics lecture or tutorial? Here is a revisit of the

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Category: Microeconomics

Elasticity in Economics

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Demand in Economics

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Production Technology in Economics

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Scarce Resources in Economics

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Motives of Money Demand and Supply

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How private Households maximize Utility

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