Section 1


A nation's development is seen through growth in its economy which is a total of all its production and consumption activities. The continuous consumption cycle is the reason for retail to exist hence importance of this section.

Retail Economy section will teach you:-

  • What is economy in the context of retail
  • Concept of GDP, GSDP, estimation methodologies and related information
  • Consumption of various products & services and their growth trend over the years

The authentic government data has been used for learning and working in an easy to comprehend and reader-friendly manner. The reader will get familiar with the basics of economic indicators influencing the retail sector, thereby; develop a confident knowledge to use the learning in a real-life scenario – must-have expertise for the retail-knowledge seeker.