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Economic Theory শব্দের বাংলা অর্থ: অর্থনৈতিক তত্ত্ব
Economic Theory Meaning In Bengali অর্থনৈতিক তত্ত্ব
Economic Theory
Definition
1) Economic theory refers to a set of principles and assumptions that explain the behavior of individuals, firms, and markets in an economy.
2) It is a framework used to analyze and predict economic outcomes in various situations.
3) Economic theory helps economists understand how resources are allocated and how policies can influence economic outcomes.
Examples
Economic Theory Example in a sentence
1) Economic theory suggests that demand and supply determine market prices.
2) The study of economic theory helps explain how businesses make pricing decisions.
3) Keynesian economic theory emphasizes the role of government intervention in stabilizing the economy.
4) Economic theory predicts that a decrease in interest rates will stimulate investment.
5) Marxist economic theory focuses on the exploitation of labor by capitalists.
6) Behavioral economic theory examines how individuals make decisions based on psychological factors.
7) Neoclassical economic theory assumes that individuals act rationally to maximize their own interests.
8) Austrian economic theory is known for its emphasis on individual freedom and market efficiency.
9) Development economic theory explores strategies for promoting economic growth in less developed countries.
10) Game theory is a branch of economic theory that studies strategic decision-making in competitive situations.
Part of Speech
Economic Theory (Noun)
Synonyms
Encyclopedia
Economic theory refers to a set of principles and assumptions that explain the behavior of individuals, firms, and markets in an economy.
It is a framework used to analyze and predict economic outcomes in various situations.
Economic theory helps economists understand how resources are allocated and how policies can influence economic outcomes.
