Tag Archives | economies

Brief notes on Micro and Macro-Economies

Economic problems can be analysed or studied in two ways—(i) at individual level, and (ii) at aggregate level. The method of studying at an individual level is known as Micro-Economics and that of studying at an aggregate or collective level is known as Macro-Economics.

By |2011-04-11T07:16:48+00:00April 11, 2011|Notes|Comments Off on Brief notes on Micro and Macro-Economies

Write a brief note on external economics of Scale

These economies are those which are reaped by a firm not on account of its own efforts and increase in its scale, but on account of the expansion and growth of the industry to which it belongs as also on account of overall development of the economy and markets. Some of the sources of these economies are as under:

By |2011-02-08T17:40:24+00:00February 8, 2011|Economics|Comments Off on Write a brief note on external economics of Scale

What are the leading sources of Internal Economics of Scale?

Internal economies are associated with the expansion of the scale of output of the firm itself. They are not derived indirectly as a result of expansion of the industry to which it belongs. Listed below are some of the leading sources of such economies.

By |2011-02-03T12:02:45+00:00February 3, 2011|Economics|Comments Off on What are the leading sources of Internal Economics of Scale?
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