Inflation in Economics Inflation in Economics means a sustained increase in the aggregate or general price level in an economy and there is an increase in the cost…
Economies of Scope Economies of Scope are often obtained by producing small batches of many items, because they frequently involve marketing and distribution efficiencies, economies of scope are…
Economies of Scale Economies of scale are the cost advantages that a business can exploit by expanding their scale of production. It mean that as firms increase in…
Economies of Agglomeration Economies of Agglomeration is The term urbanization economies, where refers to benefits that firms in a number of different industries receive from population and infrastructure…
Socialist Economics Socialist Economics systems typically employ central planning and use accounting systems based on the labor hours expended in production. It applies to economic theories which…
Public Economics This article talks about Public Economics, which changed dramatically in volume, methodology, and topics. It is the study of government policy through the lens of…
Mathematical Economics Mathematical Economics represents a widli though by no means universally adopted approach to the presentation and interpretation of economic problems. It is relies on statistical…
Information Economics Information Economics actually indicates the monetary value of information must be presented in such a way as to create an opportunity for trade if that…
Industrial Organization Industrial Organization is used as an analytical framework, to make relations amongst market structure, market conduct and market performance. It builds on the theory of…
Green Economy This article describe about Green Economy, which promotes a triple bottom line: sustaining and advancing economic, environmental and social well-being. It is a methodology of…
About Georgism Georgism is concerned with the distribution of economic rent caused by natural monopolies, pollution, and the control of commons, including title over natural resources and…
Entrepreneurial Economics This article talks about Entrepreneurial Economics, which is the accumulation of factors of production per se does not explain economic development. It combined with land,…