Inflation
Economics

Inflation

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…
Lecture on Money
Economics

Lecture 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…
Rostow’s Stage Theory of Growth
Economics

Rostow’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…
Lecture on Unemployment
Economics

Lecture 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…
Lecture on Modernization of Agriculture
Economics

Lecture 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…
Transformation from Agrarian to Industrialized Modern Society
Economics

Transformation 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…
Establishing Rewards and Pay Plans
Human Resource Management

Establishing 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…
Lecture on Establishing the Performance Management System
Human Resource Management

Lecture 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…
Socializing, Orienting, and Developing Employees
Human Resource Management

Socializing, 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…
Population and Development
Economics

Population 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…
Development and Development Indicators
Economics

Development 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…
Lecture on Foundations of Selection
Human Resource Management

Lecture 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…
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