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My name is Shweta Goyal, and I’m here to make economics simple and relatable for everyone. I hold a degree in Economics (Hons.) from Delhi University and a Master’s in Economics from IGNOU. I have qualified UGC NET JRF in 2022 and secured AIR 39 in GATE Economics.

I’m skilled at breaking down complex concepts to make them more accessible and easier to grasp. Join me to explore topics in Economics and Mathematical Economics.

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Economics Tutor

Which welfare criterion allows a change where some people lose but the gainers could potentially compensate the losers?

1 month ago | [YT] | 2

Economics Tutor

If the elasticity of demand is 0.4 and price rises by 10%, quantity demanded will:

1 month ago | [YT] | 5

Economics Tutor

Which one of the following is not an assumption of the Classical Quantity Theory of Money?

1 month ago | [YT] | 3

Economics Tutor

The government raises tax rates from 50% to 90%. Tax revenue will:

1 month ago | [YT] | 4

Economics Tutor

If the price elasticity of demand is −0.5 and the government imposes a specific tax, then:

1 month ago | [YT] | 6

Economics Tutor

According to the Permanent Income Hypothesis, a temporary increase in income will:

1 month ago | [YT] | 3

Economics Tutor

A consumer buys a second pizza even though satisfaction from it is lower than the first because:

1 month ago | [YT] | 5

Economics Tutor

If demand is perfectly inelastic, increase in tax burden falls mostly on:

1 month ago | [YT] | 4

Economics Tutor

If MPC = 0.8, the simple Keynesian multiplier is:

2 months ago | [YT] | 5

Economics Tutor

If the elasticity of substitution between two inputs is zero, the production function is:

2 months ago | [YT] | 5