Macro Economics Variable Part I (UGC-NET, IAS, IES, RBI, IstGrade/KVS/PGT) |School of Economics|

Описание: In economics, variables can be classified into various types based on their characteristics:

Ex-ante and Ex-post Variables:

Ex-ante: These are anticipated or forecasted values before an event occurs.

Ex-post: These are observed or realized values after an event has taken place.
Dependent and Independent Variables:

Dependent: The variable that is being studied and measured; its value depends on other variables.

Independent: The variable that is manipulated or changed to observe its effect on the dependent variable.
Exogenous and Endogenous Variables:

Exogenous: Variables whose values are determined outside the model or system being analyzed.

Endogenous: Variables whose values are determined within the model or system being studied.

Stock and Flow Variables:

Stock: Variables measured at a specific point in time, representing a quantity accumulated over time.

Flow: Variables measured over a period of time, representing a quantity per unit of time.


Website - https://online-live-classes.schoolofe...

Google Play App - https://play.google.com/store/apps/de...

Facebook - https://www.facebook.com/VineettKumar...

Instagram - https://instagram.com/school_of_econo...

Telegram - https://t.me/SCHOOL_OF_ECONOMICS_Vine...

Whatsapp - https://whatsapp.com/channel/0029VaAD...

X / Twitter - https://x.com/Vineett_Joshi?t=pgHyrPh...

Threads - https://www.threads.net/@school_of_ec...