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Showing posts with the label Macroeconomics

Macroeconomics Market - Definition, Types and Example

[ Keyword: Types of market. Physical Consumer, Business Market. Non-Physical Market. Financial Market. Definition of all types of market ] Macroeconomics define market differently from market. According to marketing market is the present buyer and potential buyers. Macro-economics says market is the place where two parties exchange goods and services for assets such as cash, land, inventories etc. Types of market: ( Definitions are at the bottom of this article ) Physical Consumer Market:  1. Food Retail  2. Retail Marketplace 3. Big-Box Store 4. Ad hoc Auction market  5. Flea Market:  6. Temporary Market: Physical Business Market: 1. Wholesale Market:  2. Market for intermediary goods: 3. Labour Market: 4. Ad hoc Market: 5. Trade Fairs: Non-Physical Market: 1. Media Market: 2. Internet Market: Financial Market: 1. Capital 2. Bond 3. Currency or Foreign Exchange  4. Money 5. Future 6. Predi...

Income, Expenditure Approach | GDP Calculation Formulas

[ Keywords: What is GDP. GDP Formula. Income Method. Expenditure Method. Value Added Method. Nominal GDP. Real GDP.] Hi guys. Welcome to my article. In this article I am going to write about GDP formulas. The formula of GDP depends on various factors. The most important is about the types of economy of your country. There are three GDP formulas around the world. Read this full article the know about GDP. What is GDP? GDP is the economic value of total production of product and service created within a particular area or country within one year.  GDP Formula: There are three formulas for GDP. Income Method:  Well some people really confuse this method. For some the formula is Total National income + sale taxes + Depreciation + Net foreign Factor Income and for some the formula is Net domestic income + Indirect taxes + Depreciation - Subsidy. The second one is correct and the 1st one is completely incorrect. First let us talk about first formula. Wrong GDP Formula: ...

Real sector definition & Financial sector meaning of Economics

[ Keywords: Definition Financial Sector of the Economy. Definition of Real Sector of the economy. Branches of Economy. Sectors of Economy ] In economy there are two sector. One is Real Sector and the other is Financial Sector. In this article I will write about these topics broadly. I hope this article will be good enough for you. Topics to be covered: 1. Real Sector 2. Financial Sector 3. Branches of Real Sector Real Sector:  The real sector of an economy is the sectors that produce goods and services. For example: Yellow is one of the most popular brand in Bangladesh. It produces cloths. It is a part of real sector. Financial Sector/ Monetary sector:  Financial sector engages in taking the surplus money from one sector to another sector which has deficit of money. For example: A is a company which has earned $10000 in July. It spent $8000 as operating cost. After paying dividend Its balance stood at $1000. The company deposited $500 in a bank. It is the surplu...