Ayussh Sanghi

Learn how does an Economy work? What are the factors affecting the economic structure of a country? Here is this course by Ayussh Sanghi wherein he talks about Indian Economy in a very comprehensible form. It begins with a definition of Economics along with the understanding of terms like opportunity costs nd limited resources. Thereby it explains the phrase 'Economics as a discipline' and talks about Microeconomics and Macroeconomics as its branch. The further lessons emphasize on defining the economic policies along with its objectives, the overview of Market forces. Next lesson talks about Demand as a Market force and further explaining the concept of Demand, Law of Demand and Movement along the Demand Curve, a shift in the demand curve and exceptions to the Law of Demand with the help of illustrations and examples. Thereby he begins with the concept of Supply: the definition, law of supply, shifts and movements along the supply curve and what results in the shifts and the movements. The course further explains the point of equilibrium and discusses various scenarios with respect to what happens in the case of excess supply and shortage of supply. The next lesson throws light on the meaning, formula and significance of Elasticity of Demand. This particular lesson also throws light on various factors which determine the price elasticity of demand. Tags: Indian Economy, Economy in India, Growth of Indian Economy, UPSC Lecture, UPSC Economy, UPSC Free Lessons, Free Lessons, UPSC Free Online Videos, UPSC Economy, Economy for UPSC CSE, UPSC Online, UPSC Exam, UPSC Examination, UPSC IAS Exam, IAS Questions, Indian Administrative Service, IAS Preparation, IAS Exam Syllabus CSE Exam, CSE Syllabus, Economy UPSC Important Topics, Supply, Demand, Indian Market.

Crack UPSC CSE Prelims and Mains Exams. Know how to prepare for UPSC 2019 and 2020, complete syllabus, exam patterns, latest notifications to join IAS, IFS, IPS and other cadres of Civil Services.

UPSC CSE - GS

UPSC - Civil Services Examination (IAS) Preparation

English

Economy of UPSC CSE (IAS): Indian Economy

Economy

Practice & Strategy

Indian Economy

UPSC CSE

Ace the toughest competitive and government exams in India 

Test Preparation

Union Public Service Commission Exams (UPSC)

This lesson focuses on the definition of Economics and further explanation of the same. It also throws light on important terms that one requires knowing in Economics like the meaning of limited resources with the help of examples. Ayussh also explains why should Economics be studied and what is opportunity cost with examples for better understanding. 

Definition Of Economics (for UPSC CSE)

This lesson throws light on the phrase 'Economics as a discipline' and what does it actually mean. This lesson takes one back to the origin of Economics as a discipline and the further understanding of economics. It further explains the two branches of Economics: Microeconomics and Macroeconomics and what questions one can answer related to economy after studying these branches. 

Economics As A Discipline (for UPSC CSE)

The lesson focuses on defining economic policy and emphasizes this with examples. Thereby the lesson throws light on the objectives of economic policy: Efficiency, Equity, Growth, and Stability and all these are explained with examples for a clearer understanding. 

Understanding Of Economic Policy Of Government (for UPSC CSE)

This lesson starts with the understanding of Market forces and how this is the theory of Demand and supply. This lesson throws light on Demand as a Market force. It explains the concept of Demand, Law of Demand and Movement along the Demand Curve with the help of illustrations and examples. 

An Insight Into Demand As A Market Force (for UPSC CSE)

This lesson starts with a difference between Market Demand vs Individual Demand along with Illustrations. Thereby it explains what is market demand curve and how a shift in demand curve happens. It also tells about the variables which affect the shift in the demand curve with the help of illustrations and examples. 

Understanding The Concept Of Demand (for UPSC CSE)

This lesson is in continuation of the previous lesson. It discusses more variables affecting the shift in the demand curve. It also throws light on the exceptions to the Law of Demand such as in the case of Giffen goods, Natural calamities, an anticipation of process etc. along with examples. 

Understanding The Concept Of Demand Part 2 (for UPSC CSE)

This lesson begins with a small introduction of the concept of Supply in Economics with a very descriptive example. Thereby he describes the Law of Supply with the help of a diagram. Ayussh is also explaining the difference between Individual Supply and Market Supply. He also signifies the shift in supply curves and what results in the leftward or rightward shift of the supply curve. 

Understanding The Concept Of Supply (for UPSC CSE)

This lesson begins with the explanation of the various variables that affect the supply curve such as the input price i.e. the price of the raw materials. He continues by explaining the relation between the profitability of the business & the price of raw material. The second variable he talks about is technology i.e used for turning inputs into the final product. The other factors that are highlighted are expectation & the number of sellers.

Variables Affecting The Supply Curve (for UPSC CSE)

This lesson begins with the mention of factors that are exempted from adherence to the Law of Supply. It explains how the inverse relationship between the quantity supplied & the price is the opposite of that the Law of supply represents, hence this is an exception as it is against the law. The lesson analyses these exceptions from the seller's point of view, their expectations of future prices & their strategies as per the fluctuations. The other factors that the sellers' consider are weather, perishable commodities, fashionista, economic slowdown, modification in business, requirement of funds and lastly the supply of labor.

Exceptions To The Law Of Supply (for UPSC CSE)

This lesson introduces the Point of Equilibrium with the help of graph. Ayussh also throws light on the concept of Equilibrium price and thereby discusses various scenarios with respect to what happens in the case of excess supply and shortage of supply. Both these cases are explained with the help of diagrams for a better apprehension of the concepts.  

Understand The Concept Of The Point Of Equilibrium (for UPSC CSE)

This lesson will clear all your doubts with respect to elasticity of Demand. Ayussh explains the meaning of Elasticity of Demand along with the Formula. Thereby light is thrown on the significance of Elasticity of Demand. Also, various factors like availability of substitutes, necessities goods, luxury goods and many more are discussed which determine the price elasticity of Demand. 

Understanding The Concept Of Elasticity Of Demand (for UPSC CSE)

This lesson provides a comprehensive understanding of the elasticity of supply. The direct relationship between the price & the quantity supplied has been thrown light upon. It begins by providing the definition of the concept of elasticity of supply and moves ahead with the description of the formula used for calculating the elasticity of supply. It furthers the idea of supply as being elastic or inelastic in sync with the percentage changes in price & quantity in the formula. The lesson then educates us with the factors that affect the elasticity of supply with efficient explanation through a case study of OPEC & various other examples.

Elasticity Of Supply

This lesson begins with the explanation of what competition actually is & the various types of competition which are a perfectly competitive market, monopoly and imperfect market. The lesson then moves on to give a comprehensive explanation of each of these types of markets and their unique features, their volatility to external changes and relevant examples of each.

Types Of Markets (for UPSC CSE)

Writer, Educator, Ex-IRS Officer, Author of books on 'Ethics, Integrity and Aptitude' & 'Essay and Answer Writing'  for UPSC Civil Services

Awdhesh Singh

GST MADE SIMPLE course covers the entire gamut of Goods and Services Tax in India to common person as well as professional. You know almost everything about GST by the help of this course.

(Hindi) Goods and Service Tax Made Simple

 History lecturer, Faced UPSC & State PSC interviews.

Sunil Singh

In this course, Sunil Singh discusses MCQs on the Indian economy, banking sector and more. The course will be beneficial for UPSC CSE 2018 and  UPPSC 2018.

(Hindi) Brainstorming Economy MCQs : UPSC, UPPSC 2018

Travelling gives you 'experience' & teaching 'immortalizes' it.  Loves both :)  

Vimal Singh Rathore

This collection begins with an overview of the Indian Economy. It talks about the stability of the economy, fiscal consolidation, low inflation and Economic survey. The next part begins with a thorough explanation of a chart from the economic survey which shows growth in GDP and other major sectors. It then gives details on the twin balance sheet challenge which is the large and rising stressed assets in banks and how it can be addressed by recognition, recapitalization, resolution and reform. The collection then focuses on the introduction of inflation, wholesale price inflation, consumer price inflation and astute policies and management of inflation. It then goes on to explain fiscal deficit and service sectors. The next part throws some light on the social and human development investment that is required. It then states some of the reforms that the government has taken in regard to the betterment of the economy. Some of the reforms that are explained in detail in the next few lessons are the crop insurance program, Jan Dhan Yojana, JAM and power sector reforms. Then we have a talk on how India can realize the true potential it has by using the exit policy, creating better human development and improving the agriculture. The final part of the collection has a conclusion about last year's economic survey, the achievements, pending agenda and the promise of India. There is finally a comprehensive summary of the previous lessons in this collection. It gives a brief on the overview of the economy, situation and need for it and the suggestions that have been given to the government to improve the economy. Tags: Economic Survey of India, Indian Economic Survey, Economic Survey 2016, Economic Survey 2016-17, Jan Dhan Yojana, Economic Reforms, UPSC Lecture, UPSC Free Lessons, UPSC Free Online Videos, UPSC Economy, Economy for UPSC CSE, UPSC Online, UPSC Exam, UPSC Examination, UPSC IAS Exam, IAS Questions, Indian Administrative Service, IAS Preparation, IAS Exam Syllabus CSE Exam, CSE Syllabus, Economy UPSC Important Topics.


Economy for UPSC CSE (IAS): Detailed Analysis and Important Topics Of Economic Survey

GST MADE SIMPLE course covers the entire gamut of Goods and Services Tax in India to  common person as well as professional. You know almost everything about GST by the help of this course. We shall also answer questions relating to some complex issues of GST in this course.

Goods and Service Tax Made Simple

Cleared UPSC Mains,CDS and SSB. 15+Years of teaching experience. Mentored 50,000+Students for UPSC CSE & DEFENCE. Author of History Book.

JITU DINESH

इस भाग में सैंधव सभ्यता के राजनैतिक जीवन और सामाजिक जीवन के बारे बताया गया है।

सैंधव सभ्यता की विशेषताएं : UPSC

This course this with the international trade of india and the different export incentive scheme started by the government of india for the promotion of exports

Lessons

13 lessons • 2h 9m

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Definition Of Economics (for UPSC CSE)

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Economics As A Discipline (for UPSC CSE)

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Understanding Of Economic Policy Of Government (for UPSC CSE)

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An Insight Into Demand As A Market Force (for UPSC CSE)

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Understanding The Concept Of Demand (for UPSC CSE)

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Understanding The Concept Of Demand Part 2 (for UPSC CSE)

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Understanding The Concept Of Supply (for UPSC CSE)

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Variables Affecting The Supply Curve (for UPSC CSE)

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Exceptions To The Law Of Supply (for UPSC CSE)

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Understand The Concept Of The Point Of Equilibrium (for UPSC CSE)

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