BoP Disequilibrium and Its Adjustment
In the previous post, we explained the causes of the BoP Deficit in Nepal. Now, we talk about how to adjust the BoP Disequilibrium. BoP disequilibrium refers to the situation of either a deficit or…
Economics
What is Balance of Payment (BoP) Exactly?
What is Balance of Payment (BoP) A balance of Payments is a systematic record of a country’s economic transactions with the rest of the world during a specific period. It records the inflow (receipts) and…
Oligopoly Market in Microeconomics – NRB Assistant Director
What is an Oligopoly Market? It is the market structure in which there are few sellers (two or more), a limited (or given) market, and almost identical, very close substitutes. Due to the given size…
Foreign Investment in Nepal – Statistics
Nepal formally initiated efforts to promote foreign investment by the enactment of the Foreign Investment Act 2038 BS. Probably, it was the first attempt to attract foreign investment through a specific act in South Asia.…
Status of Foreign Trade in Nepal
Status of Foreign Trade in Nepal Nepal’s foreign trade has increased over the years in terms of both the total trade-to-GDP ratio and in absolute value. For example, total foreign trade was around 32% of…
Isoquant and Its Properties
Isoquant and Its Properties An Isoquant is a locus of points that represents various combinations of any two inputs that give the same level of output. If capital K and labor L are two inputs…
Theories of Production & Cost in Microeconomics
Production Function: Technical relationship between the input and output It shows the technically efficient ways of producing the output Physical relationship between the input and output, and does not show the monetary or economically efficient…
Indifference Curve (IC) Analysis in Economics
What is an Indifference Curve? An indifference curve (IC) is the locus of a point that represents the same level of utility given by various combinations of any two commodities. An IC is an analytical…
Theories of International Trade and Investment
International Economics International business theories explain why countries trade with each other and the benefits derived from such trade. These theories can be broadly categorized into classical and modern, with the former focusing on country-level advantages…