Every businessperson should be familiar with the the basic laws governing supply and demand, and there is no better place to start than the demand curve. This curve is a pictorial representation of ...

The demand curve is one of the fundamental concepts of economics. It illustrates the relationship between the price of a good or service and the demand for that product, that is, the way a change in ...

The paper attempts to firstly, build aggregate demand and supply curves for the non-agricultural sector of the Indian economy. Secondly, use these to briefly analyze demand and supply shocks, ...

The paper proves sufficient conditions for aggregate demand curves to be decreasing in an economy with identical consumers. The restrictions affect the functional form of Engel curves and the shape of ...