Aggregate Demand And Its Downward Slope

Macroeconomics has a lot of diverse concepts. One of these is the Aggregate Demand. If you have gone through microeconomics, you must have came across the very first concept of the simplified Demand for  a single product. For a single product we get to see its...

Reasons of Inflation

Inflation is a condition where the general price level is rising continuously indicating the imbalance between supply and demand of goods at current prices. The causes of inflation vary from one country to another, what different types of inflation existing in...

Credit Control by Central Bank (Monetary Policy)

Monetary policy refers to the control of credit and total money supply. This policy is also known as the central bank’s policy in control of credit. Control of money supply is very important for the economic growth of a country. If there is excess supply of money then...