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Net Economics #Classical Economists and their work# Economic theory

 Net Economics #Classical Economists and their work# Economic theory Pls follow , like and share Classical economics, also known as classical political economy, is a school of economic thought that emerged in the late 18th and early 19th centuries. It laid the foundation for modern economics and was dominant until the late 19th century. Classical economists focused on understanding the mechanisms of economic growth, production, and distribution of goods and services in market economies significant contributions and the years in which they were active: Adam Smith (1723-1790): Major Work: "The Wealth of Nations" (1776) Contributions: Smith is often referred to as the father of economics. In "The Wealth of Nations," he introduced the concept of the invisible hand, arguing that individuals pursuing their own self-interest in a free market economy unintentionally promote the general welfare. He also discussed the division of labor, productivity, and the role of markets i

UGC NET Macroeconomics Test series 2 for UPSC and other competiton exams

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UGC NET Macroeconomics Test series 2 for UPSC and other competiton exams Below are the Mcq for macro economics Test series 2 . The test series will be beneficial for ugc net ,Upsc and other competion exams.Kindly comment your answer in comment box.We will send answers to your email id. For test series 1 pls check blog below already published. Stay tuned and subscribed for test series 3 MACRO ECONOMICS MCQs  www.iemsnet.com Check here for test series 1 Macro Economics Test Series1         TEST  SERIES 2 1. Frictional unemployment exists: (A) When there is a decrease in real GDP (B) Because it takes time to find a job when one is first entering the labour force (C) As a result of technological change (D) When an individual retires 2. The natural rate of unemployment equals the sum of those who are: (A) Frictionally and structurally unemployed (B) Frictionally and cyclically unemployed (C) Structurally and cyclically unemployed (D) Frictionally struc

UGC NET 100 DAYS Prepartion

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UGC NET  100 DAYS Prepartion Ugc Net Economics UGC NET  100 DAYS Prepartion  Complete Details about Net economics Stay tuned and subscribed so that u get  complete  details for UGC Net economics in this blog Qualification Required for Net 1) Post graduation with minimum 55% 2) Ma previous students can also appear subject to minimum percentage of 55% in finals UGC NET PAPER PATTERN UGC NET comprises two papers – Paper 1 and Paper 2 which will be held consecutively without any break. The total duration of the exam is 3 hours. Candidates are free to devote any amount of time to any paper. Paper 1 and Paper 2 will have 50 and 100 multiple choice questions respectively.   Each correct answer will award you 2 marks. There will be no negative marking in the exam. UGC NET Syllabus in Economics Ugc net NTA UGC NET/JRF/SET/SLET Syllabus for Economics / Rural Economics / Co-operation / Demography / Development Planning / Development Studies / Econometrics / A

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