Economics

Relative Income Hypothesis (RIH) Derivation with Diagram

The Relative Income Hypothesis (RIH) was developed by James Duesenberry in 1949. He proposed that an individual’s consumption is based not only […]

IS- Curve The IS-Curve represents the real sector/product market equilibrium of the economy, which shows the various combinations of interest

What is Macroeconomics? Macroeconomics is the branch of economics that studies the behavior and performance of the whole economy. It

→ Nepal has made various bilateral and multilateral agreements related to trade in order to protect & promote Nepal’s trade.

Nepal is in a transition period, graduating from LDC to a developing country, which is expected to be fully graduated

The World Trade Organization (WTO) is a multilateral trading arrangement established on 1995 January 1 as the successor of the

South Asian Association for Regional Cooperation (SAARC) was established on December 8, 1885, with seven founding members: Bangladesh, Bhutan,

Regional Economic Cooperation (REC) is a form of economic cooperation where the countries in a specific geographical area form a

Effects of Fixed Exchange Rate Between Indian Rupee and Nepali Rupee Nepal has maintained the fixed exchange rate between NPR

Nepal’s foreign exchange rate system has evolved, reflecting the country’s trade needs and economic structure. Initially, Nepal followed a fixed