CA Final Economic Laws By CA Darshan Khare

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About – Economic Laws CA Final

  • In any economy, laws are required for running it. Science also has certain laws for its success depends on the numerical value of these laws and their reliability exactions like science.
  • Economics also has certain laws since it also is a science, they are known as economic laws.
  • The way in which relationships between cause and effect are determined following the laws in science, and similarly, it is done in economics.
  • In Marshall’s words, “a science progress by increasing the number and exactness of the law”.
  • For understanding the nature of economic laws, it is important to understand the meaning of the word ‘law’ first. Like other laws of science, the economic laws also while representing the relationship between ‘cause’ and ‘effect’ demonstrate some very important laws.
  • For example, if the price of a commodity rises there is a fall in its sale, and if there is a fall in the price of a commodity its sale rises.
  • Here the price of commodities rise and falloff prices are the ‘cause’ and the fall or rise in sales is the ‘result’.
  • The law that explains the relationship between ‘cause’ and ‘effect’ is the “Law of Demand”.

About CA Darshan Khare teacher of Economic Laws CA Final

Economic Laws CA Final
CA Final Faculty (CA Darshan Khare)
  • CA Darshan Khare, often known as “Lawgician,” is one of the top law lecturers in the country.
  • He is a well-known member of the VSmart Academy faculty.
  • He teaches law to CA Final and Inter Level students.
  • When it comes to the law, thousands of CA aspirants have chosen him.
  • His students adore him because of his dynamic teaching abilities.
  • CA Darshan Khare is a well-respected law professor.
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