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Principle objective of this lecture is to focus on Atoms, Molecules and Ions. By Dalton’s theory; Elements are composed of extremely small particles called atoms. All…

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…

The United Nations (UN) is an international organization formed in 1945 to increase political and economic cooperation among member countries. This organization works on economic and…

The United Nations Children’s Fund (UNICEF) was made by the United Nations General Assembly on December 11, 1946, to give crisis sustenance and social insurance…

The United Nations Educational, Scientific and Cultural Organization (UNESCO) is a specialized agency of the United Nations system established in 1946.This organization “contribute to peace…

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…

Insurance is a special type of contract between an insurance company and its client in which the insurance company agrees that on the happening 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…