Study Material for Revision Notes Economic Terminologies

IAS Prelims mentions the syllabus of Economy as Economic and Social Development, Sustainable Development, Poverty, Inclusion, Demographics, Social Sector initiatives, etc. In IAS Prelims 2015 it consisted of about 21 questions. Thus, seeing its importance we are compiling the basic economic terminologies for quick revision of the fundamental concepts related to it. It covers the basic definitions of terminologies usually come up in newspapers.