Economics

The Coase Theorem

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In the article ‘tragedy of the commons’ I have explained the importance of property rights and optimal utilization of resources.…
Economics

Digital India

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Government of India took an initiative “Digital India” to unite the nation through technology. On 2nd July, Wednesday 2015 the…
Economics

The Lucas Critique

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According to the Phillips curve equation, unemployment rate and inflation rate are negatively related. Therefore, there exists a tradeoff between…

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