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Indian Economics

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TOTAL NO OF WORDS: 3261. ECONOMICS ASSIGNMENT ON INDIAN ECONOMICS BY:-PUNIT.BAUVA PROFESSOR:-MR.J.R.JASINSK INDEX:- SR.NO TOPICS 1. INTRODUCTION 2. MACRO ECONOMICS 3. HEALTHY ECONOMIC GROWTH. 4. FULL EMPLOYMENT. 5. HEALTHY BALANCE OF PAYMENTS. 6. INFLATION. 7. DEMAND SIDE AND SUPPLY SIDE POLICIES. 8. GROSS DOMESTIC PRODUCT. 9. CONCLUSION. 1. INTRODUCTION: The term "Economics" is derived from two Greek words, oikou and nomos, meaning the rule or law of the household.There are several definitions of economics such as "SCIENCE OF WEALTH" by Adam Smith and J.B.SAY, "SCIENCE OF MATERIAL WELL BEING" by Alfred Marshall and A.C.Pigou, "SCIENCE OF CHOICE MAKING" by Robbins and "SCIENCE OF DYNAMIC GROWTH AND DEVELOPMENT" by Paul.A.Samuelson. Indian Economy is the third-largest in the world.The economy is diverse and encompasses agriculture, handicrafts, textile, manufacturing, and a multitude of services. Although two-thirds of the Indian workforce still earn their livelihood directly or indirectly through agriculture, services are a growing sector and are playing an increasingly important role of India's...

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