Economics
Browse notes across all six Economics papers, newest first.
Explain the effects of public expenditure on production and distribution.
Public expenditure refers to the spending made by the government or public authorities to provide goods…
Explain the causes for growing public expenditure.
Introduction: Public expenditure refers to the spending made by the government or public authorities to provide…
What is public expenditure? explain its types.
Meaning: Public expenditure refers to the spending made by the government or public authorities to provide…
Briefly explain the classification of Tax.
Introduction: Taxes are levied by the government on the basis of three major classes of tax…
Explain the effects tax on production and distribution.
Introduction: Taxes can have significant effects on the distribution of income and wealth within an economy.…
Explain the impact, incidence and shifting of tax.
Impact of taxation: Taxation on goods, income or wealth influencing economic behavior and the distribution of…
Explain the merits and demerits of indirect tax.
Meaning: Indirect tax is a type of tax that is imposed on goods and services than…
ECONOMICS-6 MACRO ECONOMICS
IMPORTANT QUESTIONS; TEN MARKS QUESTIONS SIX MARKS QUESTIONS
Explain the merits and demerits of Direct tax.
Introduction: Taxes are compulsory payment to the government without expectation of definite return or benefits to…
What is production? explain its types.
Meaning: Production involves the use of various inputs or factors services to produce output. In economics…
Explain the Keynes savings and investment theory.
Introduction: Saving function is the counter part of consumption function because S=Y-C. Therefore S=f(Y). Saving means…
Explain the liquidity preference theory of interest?
Introduction: J.M Keynes created the theory of liquidity preference theory of interest to explain the role…