CivilsDially:: Economic concepts Simplified

Economy constitutes very imp portion of UPSC prelims with avg 16 question in last 5 years. In this collection we dejargonise economics concepts with examples so that economics becomes fun to learn and you could mark every economy question correct in the exam.

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Economics | Fiscal Policy Explained

March 18, 2016 Back 2 Basics in TagsEco Concepts Simplified, GS Paper 3

Fiscal Policy, Budget, Direct and Indirect Taxes, Plan and Non Plan expenditure, Fundamentals of Subsidies explained in detail.

Economics | Monetary Policy Explained with Examples

March 16, 2016 Back 2 Basics in TagsEco Concepts Simplified, GS Paper 3

Explained monetary policy, CRR, SLR, REPO, LAF, MSF, Monetary policy transmission, Autonomy of RBI in detail with examples.

Economics | Inflation explained with real life examples

March 2, 2016 Back 2 Basics in TagsEco Concepts Simplified, GS Paper 3

Economics Dejargonised with context and examples: Inflation, Deflation, Hyperinflation, CPI, WPI, PPI, Headline, Core. Icing on the cake- MCQ questions.

Economics | Current Account Deficit Explained

February 28, 2016 Back 2 Basics in TagsEco Concepts Simplified, GS Paper 3

Current Account Deficit and Balance of Payment simplified.

[Video] New Methodology of GDP calculation: What's all the fuss about?

February 11, 2016 Dr V in TagsEco Concepts Simplified, GS Paper 3

Explained with a video, whatay!

Beggar thy neighbour

February 11, 2016 Dr V in TagsEco Concepts Simplified, GS Paper 3

Exchange rate policy of one country can devastate its trading partners but is it risk free?

Economics | Budget Deficits Explained

January 31, 2016 Back 2 Basics in TagsEco Concepts Simplified, GS Paper 3

This note will help you learn Deficits by deriving them. It’s one of those Not-To-Be-Missed post.