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Upsc economy notes

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Logo of telegram channel upsc_economy_notes — Upsc economy notes
Channel address: @upsc_economy_notes
Categories: Economics
Language: English
Subscribers: 297
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This channel is created with an aim to provide UPSC specific notes of Economy for both prelims and mains.
Do not copy or forward post without permission.
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The latest Messages 4

2021-08-02 15:30:04
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955 views12:30
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2021-08-01 09:00:12
LORENZ CURVE

Lorenz curve is graphical representation of income distribution in the society.

It was given by Max O Lorentz in
1905. It is used to analyze inequality
prevailing in the population.

In this graph, the cumulative
percentage of national income is
plotted against the cumulative
percentage of households.

The degree to which the curve sags
away from the line of perfect equality
is the measure of inequality in society.

It is given by Gini's coefficient.
468 views06:00
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2021-08-01 08:00:08
Complete current affairs of Polity and Governance for Prelims 2021. Video link:

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2021-07-31 17:30:05
LORENZ CURVE

Lorenz curve is graphical representation of income distribution in the society.

It was given by Max O Lorentz in
1905. It is used to analyze inequality
prevailing in the population.

In this graph, the cumulative
percentage of national income is
plotted against the cumulative
percentage of households.

The degree to which the curve sags
away from the line of perfect equality
is the measure of inequality in society.

It is given by Gini's coefficient.
787 views14:30
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2021-07-31 16:30:04
Complete coverage of Current affairs for Prelims 2021
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2021-07-31 06:30:04
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2021-07-30 18:30:07
UNDERSTAND ECONOMICS :

Economics is the study of how people
in a system allocate scarce resources
for the purpose of production distribu -tion, and consumption, both individually & collectively.

2 major types of economics are:

Microeconomics: focuses on the
behaviour of individual consumers and
producers, &

Macroeconomics: examines
the overall economies on a regional,
national, or international scale.
1.8K views15:30
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2021-07-29 18:35:39
URBAN SECTOR

One-third of the total population in India live in the urban sector. It consists of towns and cities.

People residing in this sector are mainly engaged in either secondary sector or tertiary sector.
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2021-07-29 17:30:08
Complete coverage of Current affairs for Prelims 2021
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949 views14:30
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2021-07-29 16:30:04
Schedule

Day 1 - Unleash your brain capacity!
Day 2 - 10X your Memory in 3 weeks
Day 3 - 5 hacks to razor sharp focus and stopping social media distractions
Day 4 - Habit formation for consistency
Day 5 - 5 fatal mistakes IAS aspirants make! 5 Mantras to 2X your chances of clearing Prelims this time!

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9650407518
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