Economics

Excess Demand is a situation where demand for a product or service exceeds the available supply. Possible causes of a excess demand include miscalculation of…

Consumer choice theory is a way of analyzing how consumers may achieve equilibrium between preferences and expenditures. It also helps us to understand how individuals’…

Supply and demand form the most fundamental concepts of economics. Supply means how many of a certain item are available. Demand means how much people…

Perfect competition is a market structure. Perfect competition is the opposite of a monopoly, in which only a single firm supplies a particular good or…

SAARC or the South Asian Association for Regional Cooperation was established on December 1985. It is basically a political as well as economic organisation of…

International economics is a field of study which assesses the implications of international trade in goods and services and international investment. There are two typs…

Economics can actually be defined a few different ways: it’s the study of scarcity, the study of how people use resources, or the study of…

A tax charged by a government on a product, income, or activity. In economics, taxes fall on whomever pays the burden of the tax, whether this…

A gold reserve is the gold held by a national central bank, intended as a store of value and as a guarantee to redeem promises…

Taxation System in Bangladesh Introduction In Bangladesh, the principal direct taxes are personal income taxes and corporate income taxes, and a value-added tax (VAT) of…

The conservation economics of biodiversity biodiversity is a major environmental issue, one that promises to be at or near the the top environmental agenda for…

Natural capital is one approach to ecosystem valuation which revolves throughout the idea, in distinction to traditional economics, that non-human life creates essential resources. Natural…