Branches of Economics

  • Behavioural Economics
  • Ecological Economics
  • Environmental Economics
  • Health Economics
  • Information Economics
  • International Economics
  • Labour Economics
  • Monetary Economics
  • Population Economics
  • Public Finance
  • Urban Economics


Economic Growth

What is Economic Growth?

Economic Growth is the increase in the quantity of goods and services produced in an economy during a period of time.

The GDP (Gross Domestic Product) measures the value of the goods and services produced during a period of time. The real GDP takes inflation into account, that is, the effects of the inflation are removed.