- 2.1 - Types of Unemployment
- 2.2 - Rate of Unemployment
- Quiz 2
- 3- Trade: Import and Export
- Quiz 3
- 4.1 - Supply and Demand
- 4.2 - Supply and Demand Curve
- Quiz 4
- 5- GDP and GNP
- Quiz 5
- 6- Monetary System
- Quiz 6
- 7.1 - Monetary Policy
- 7.2 - Fiscal Policy
- 7.3 - Instruments of Fiscal Policy
- Quiz 7
- 8- Aggregate Supply and Aggregate Demand
- Quiz 8
- 9- Project: Union Budget 2014
About this Training
In this course on Macroeconomics you will begin by learning all the basic terminologies like GDP GNP Inflation Fiscal Deficit. It gives you an insight into the factors that affect the prices of goods around us. By the end of the course you will be able to understand the Union Budget of India (2014-15).
Clear your Doubts
Project in this Training
The project of the course deals with the Union Budget of India, the course takers will be able to apply the concepts thought through the chapters and understand the budget and what it means to each of us.
let me first clear the basics about CPI
CPI = (updated cost / base period cost)*100
In the given example the updated cost will be 200-100 = 100
and the base period cost will be 200 since we are calculating CPI for current yr so our base is this current year. hence it is
CPI= (100/200)*100 =50%
second thing it is said that CPI is increased by 50%, the word price is not mentioned in the video. In the video I am talking about CPI the index being increased by 50%.
I hope this clears your doubt
Cost push Inflation is caused by decrease in aggregate supply so in the example it is mentioned that due to sudden decrease in supply of crude oil, the prices of petrol and deisel increase. this decrease in supply may be due to natural disaster or increased prices of input
Some of the objectives of macro economics are:
1) Stable and sustainable economic growth and development
2) Stable prices
3) Full employment
4) Keeping the balance of payments in equilibrium.
5 ) An equitable (fair) distribution of income
answered by Twenty19Expert Team, [ Feb, 2015 ]
1.877 Trillion USD
answered by Twenty19Expert Team, [ Oct, 2014 ]
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