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The #Vishnueconomicsschool #NTANETECONOMICS
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MA ECONOMICS
1 Advance microeconomics (RS 799)
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2. Introductory macroeconomics (RS 800)
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3. International economics (RS 801)
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11 B.Com(H) SOL, 2nd-year microeconomics 2 (Rs 755)on-app.in/app/o...
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1 Introductory microeconomics
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NTA- NET Macroeconomics: • NTA- NET Macro economics
3. International economics • INTERNATIONAL ECONOMICS
4. Public Economics
NTA - NET public Finance: • PUBLIC FINANCE
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DELHI UNIVERSITY 🎓
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CBSE Board
11th Class microeconomics
11th Class Statistics
12th Class Macroeconomics
12th Indian economics
Economic rent is the payment to a factor over and above what is required to keep the facts in its current employment.
Economic Rent = Actual earnings - Transfer earnings
1 Perfectly inelastic supply - this is possible when this factor of production has only one specific use and it's supply is fixed. thus transfer earnings or opportunity cost is zero . The entire earnings of the factors are Economic rent.
2 Perfectly elastic Supply- When supply of the factor is perfectly elastic then the factors is completely non specific. all the earnings are transfer earnings and Economic rent is zero.
3 elastic supply- a part of the payment is Economic Rent.