BLOGS

What is GDP? GDP (Gross Domestic Product)  is the total monetary value of all final goods and services  produced within a country’s borders  in a given time period (usually a year or a quarter). Types of GDP Type of GDP Meaning Nominal GDP Measured at current prices (includes inflation) Real GDP Adjusted for inflation → better indicator of growth GDP per capita GDP ÷ population → shows average income level 5 important MCQs on GDP MCQ 1 GDP includes: a) Value of final goods an

A Simple, Real-World Guide for Sem 5 Economic Growth and Business Cycles Students You’ve probably heard people talk about GDP going up or down, right?Headlines screaming — “India’s growth slows!”  or “The economy rebounds strongly!” But what do these swings actually mean?Why does growth go up for a few years and then suddenly dip?And more importantly — what does it have to do with what you’re studying in Sem 5 Economic Growth and Business Cycles ? Here’s a little secret:What

Let’s Just Be Honest for a Minute Preparing for GATE Economics isn’t easy.Some days you’re confident, other days you feel completely lost. You go through the notes again and again, but that small doubt keeps creeping back — “Am I really ready for this exam?” I’ve been there. Almost everyone who’s prepared for GATE has been there.The truth is, you can study for hours every day, read every topic, and still not feel sure — because reading and practicing are two different things.

When I first started thinking about ISI’s MSQE program, I didn’t realize how different it was from everything else out there.People told me it was hard — but I didn’t really understand how  hard until I tried studying for it myself. ISI MSQE isn’t just another economics entrance exam.It ’s part math, part economics, and part something you can’t quite define — a way of thinking, almost. You can’t prepare for it by memorizing formulas or revising notes over and over again.You