Nirmala College Muvattupuzha

Economics isn’t just about figures and graphs-it’s a powerful tool for understanding how the world operates. Whether you're gearing up for competitive exams or simply want to gain deeper insights into society and markets, having a strong grasp of fundamental economic principles is essential. These key concepts help students interpret everyday economic events, make smarter choices, and better understand the financial systems shaping our world. 1. Supply and Demand Supply and demand are the core forces driving any market-based economy. This principle illustrates how prices fluctuate depending on the relationship between product availability and consumer interest. If demand grows while supply stays steady, prices tend to rise. On the other hand, when supply increases without a change in demand, prices generally drop. Grasping this concept helps explain common scenarios like why fuel prices spike or why new gadgets often cost more at launch. 2. Opportunity Cost Opportunity cost highl...

Malayalam literature is a rich and vibrant field that holds a mirror to the history, culture, and soul of Kerala. Rooted in centuries of storytelling, poetry, drama, and prose, this literary tradition has played a key role in shaping the identity of Malayalis. In today's rapidly globalizing world, the importance of studying Malayalam literature is more relevant than ever. Whether you are a student, researcher, or literature enthusiast, exploring Malayalam texts helps deepen your understanding of the language and the cultural legacy of Kerala. Understanding Kerala’s Cultural Heritage One of the primary reasons to study Malayalam literature is to gain insight into Kerala's diverse and dynamic cultural history. From the Bhakti movement to the socio-political reform era, Malayalam writers have documented every major turning point in the state’s evolution. Reading the works of poets like Thunchaththu Ezhuthachan, Vallathol Narayana Menon, and Kumaran Asan allows us to appreciate...