Tag: Economics
Law of demand in economics
by 徬徨乳酪乾 “The demand for a commodity increases with a fall in its price and decreases with a rise in its price, other things remaining the same”. The law of demand thus merely states that the price and demand of a commodity are inversely related, provided all other things remain unchanged or as economists put […]
Characteristics of managerial economics
by LendingMemo Microeconomics: It studies the problems and principles of an individual business firm or an individual industry. It aids the management in forecasting and evaluating the trends of the market. Normative economics: It is concerned with varied corrective measures that a management undertakes under various circumstances. It deals with goal determination, goal development and […]
Education Finance and Economics
by Internet Archive Book Images Education is a very essential aspect and should be provided to all students in a country equally. In this respect governments should take initiatives of financing education in order to allow students from poor background to be able to access education. For instance, in the United States of America education […]
International Economics – Basics
by nigel@hornchurch Financial management normally focuses upon three key decisions viz., acquisition of wealth, their investment in profitable ventures and the payment of dividend. It is the generally agreed objective and decision criteria of any financial management to maximize shareholders wealth and maximization of net present value, respectively. The following are certain questions normally posed: […]
Islamic Economics – The Solution for World Crisis – 1 of 2
Father of Islamic Banking, Dr. Hussain Hamed Hassan at Dubai International Peace Convention 2010.