EconomicsInflation Lecture on Inflation: Inflation means rise in price in order to be inflation should be continuous. Inflation is percentage increase in price level. When most…
EconomicsLecture on Money Money is the set of assets in an economy that people regularly use to buy goods and services from other people. Money is any object or…
EconomicsRostow’s Stage Theory of Growth Rostow’s Stage Theory of Growth The Rostow’s Stages of Growth model (also called “Rostovian take-off model”) is one of the major historical models of economic…
EconomicsLecture on Unemployment Unemployment occurs when any of the factors of production (labor, land, capital and entrepreneurship) are not employed in production of goods and services. It can be…
EconomicsLecture on Modernization of Agriculture The world has witnessed spectacular in-creases in agricultural output during the twentieth century, particularly in its latter half. This achievement is mainly ascribed to the…
EconomicsTransformation from Agrarian to Industrialized Modern Society In Industrialized Modern Society, incomes vary enormously with the US and Canada having the most unequal distributions. The highest earning 20% of households receive 2.7…
Human Resource ManagementEstablishing Rewards and Pay Plans People do what they do to satisfy some need and they look for a payoff or reward. The most obvious reward is pay, but there…
Human Resource ManagementLecture on Establishing the Performance Management System Employees generally see performance evaluations as having a direct effect on their work lives. The performance management systems need to decisions about who should evaluate…
Human Resource ManagementSocializing, Orienting, and Developing Employees Socializing, training and development are all used to help new employees adapt to their new organizations and become fully productive. Ideally, employees will understand and…
EconomicsPopulation and Development Demography can be defined as the study of human populations including their composition, distributions, densities, growth and other characteristics as well as the causes and…
EconomicsDevelopment and Development Indicators The Development and Development Indicators is a composite statistic used to rank countries by level of “human development”, taken as a synonym of the older…
Human Resource ManagementLecture on Foundations of Selection Employee Selection is the process of putting right men on right job. It is a procedure of matching organizational requirements with the skills and qualifications…