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This channel is created with an aim to provide UPSC specific notes of Economy for both prelims and mains.
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The latest Messages 3
2021-08-05 15:30:08
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607 views12:30
2021-08-05 11:35:06
KUZNETS CURVE:
Kuznets curve is based on a hypothesis forwarded by an economist Simon Kuznets.
According to the hypothesis, when a country starts developing, economic
inequalities first increases for a period of time but after a threshold when a certain average income is attained, economic inequalities begin to decrease.
It is thus represented as an inverted
U-shaped graph as shown below.
1.4K views08:35
2021-08-05 10:35:05
CSR's IAS :- INTERNATIONAL RELATIONS Lecture Series for PRELIMS 2021 & 2022◇
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906 views07:35
2021-08-04 16:30:09
PHILLIPS CURVE
It was given by A. William Phillips, a
New Zealand economist.
According to this, there is an inverse and stable relationship between inflation and unemployment.
As one falls, other increase inflation-Phillips curve unemployment rate
705 views13:30
2021-08-04 15:30:05
Daily Answer Writing for 2022
New batch is starting from 9th August
Monthly subscription is also available
Features •
Copy evaluation within 24 hours
•Cover the General Studies Syllabus within 17 weeks
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•One on one session with mentors
•Questions based on predefined syllabus plan
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•Daily small targets
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916 views12:30
2021-08-02 17:30:04
LAFFER CURVE:
Laffer curve represents the
relationship between tax collection and levied tax rates by the state authorities.
It states that as the tax rate increases from the low level, tax collection also increases but as the tax rateincreases beyond a critical limit, tax collection starts falling.
.This can be due to lower profitability and higher incentive to cheat associated with higher taxes.
696 views14:30
2021-08-02 16:30:07
Complete coverage of Current affairs for Prelims 2021
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811 views13:30
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