Economic Indicators

Economic Indicators

Economic indicators are frequently free governmental statistics that indicate the enlargement and health of a country particularly its economy. Economic indicators typically manipulate the value…
Dimensional Economics Policy

Dimensional Economics Policy

The prime purpose of this article is to know about dimensional economics policy. The economic dimension of activity has become an increasingly significant contemplation in the…
Economic Crisis

Economic Crisis

The term economic crisis is applied broadly to a variety of situations in which some financial assets suddenly lose a large part of their nominal…
Economic Empowerment

Economic Empowerment

The major goal of this article is to know about economic empowerment. Empowerment refers to policies and measures designed to increase the degree of autonomy and…
Aim of Islamic Economics

Aim of Islamic Economics

The aim of islamic economics is to prevent poverty. Islam is not an ascetic religion and does not aim at depriving Muslims of the good things…
Public Choice Theory

Public Choice Theory

Public choice theory identifies “the use connected with economic tools to deal with traditional problems connected with political science”. Its content includes the study of…
Ecological Rationality

Ecological Rationality

Ecological rationality is a particular account connected with practical rationality, which specifies your norms of logical action – what one should do for being rational.…
Rational Choice Theory

Rational Choice Theory

Rational Choice Theory is an economic principle that assumes that people always make prudent and logical decisions that supply to them the greatest profit or…
Profit Maximization Process

Profit Maximization Process

Profit Maximization is a process that companies undergo to determine the best output along with price levels so as to maximize its come back. The…
Point of Total Assumption

Point of Total Assumption

The point of total assumption (PTA) is a point on the price line of profit-cost curve based on the contract elements of a fixed price…
Partial Equilibrium

Partial Equilibrium

The supply and demand model is a partial equilibrium model the spot that the clearance available of some specific goods is obtained independently from charges…
Economic Cost

Economic Cost

Economic Cost is the total cost of choosing one action over another. The actual economic cost incorporates the accounting price, or actual funds spent executing…
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