About Saving Saving is the process of amount, where money left over after spending. It consists of the amount left over when the cost of a person’s…
Returns to Scale Returns to Scale is the variation or change in productivity that is the outcome from a proportionate increase of all the input. It focus only…
Real Business Cycle Theory Real Business Cycle Theory are explains short-run economic fluctuations based on the assumptions of the classical theory. It is involve phases of high or even…
Rational Expectations Rational Expectations is suggests that the current expectations in the economy are equivalent to what people think the future state of the economy will become.…
Network Effect Network Effect is that a single person using a good or a service has on the total perceived value of that product or service for…
Velocity of Money Velocity of Money is the rate at which money circulates, changes hands, or turns over in an economy in a given period. It is usually…
The Experience Economy The Experience Economy is describe as the ‘next economy’ following the agrarian economy, the industrial economy and the most recent service economy. Authors Joe Pine…
Devaluation This article talks about Devaluation, which improve a country’s balance of payments situation by boosting exports and reducing imports, but it worsens inflation for imported…
Product Mix of the City Bank Limited Product mix of the City Bank Limited Introduction: All over the world, the dimension of banking has been changing rapidly due to deregulation, technological innovation…
Subjective Theory of Value Subjective Theory of Value is the greatest idea in the history of economics and the foundation of understanding of economics as both a science and…
Cash Management Systems of Citigroup Cash Management Systems of Citigroup Citigroup brings their clients’ Cash Management solutions unrivalled among banks. No one else has the global capabilities and nor provide total…
François Quesnay: Economist François Quesnay, Economist was born on June 4, 1694 in Méré near Versailles. In 1744 he graduated as a doctor of medicine; he became physician…