Economic Conditions

Economic graphs are related to economics, which is a branch of social science that is concerned with money flow patterns, trade activities and industrial production in a state. Analyzing and understanding these economic patterns require an in-depth scientific approach. This...

What is Economics? In simplest terms, economics is the study of how people choose to use limited resources. The term "resources" refers to things such as money, time, people, talents or knowledge, land, buildings, equipment, tools, crops, minerals, or virtually...

The approaches to the Theory of Demand are diverse in nature, facilitating a better understanding of the concept of supply and demand on the part of the readers. In fact, different approaches to the Theory of Demand attempt to explain...

The BOP theory of Exchange Rate is a statistical record of all the monetary transaction or payments that takes place between the inhabitants of one country and the rest of the world over a specific time period. The time period...

The Classical theory of interest defines the rate of interest as the element that equates savings and investment. Here investment is nothing but the demand for investible resources and savings is their supply. The rate of interest that is determined...

Interest Theory and bonds are inversely related in the sense that when the rate of interest decreases, it leads to automatic escalation in the prices of the bonds, and vice versa. This invites more investment on company bonds, leading to...

Strategy in Game Theory is the most significant aspect of the game, since the strategy determines the player’s fate in the game. It is the complete set of action that one player decides to bank on while he/she is plating...

Globalization of world politics, better known as Political Globalization works for the betterment of the existing political relationships among different nation-states across the globe. In fact, Globalization of world politics has an important role to play in maintaining sound and...

The effects of Globalization are manifold, affecting various aspects of the world economy to bring about overall financial betterment. The effects of Globalization exert intense influence on the financial condition as well as the industrial sector of a particular nation....

Globalization has been accepted as the new economic mantra for the world economic progress. Most of the countries over the world have stepped forward for bringing spectacular success through Globalization.With respect to world finance, Globalization leads to the emergence of...

Economic Globalization encourages progress of free-market ideologies, when both commodities and services are provided and there is an unusual flow of capital. In fact, Economic Globalization aims at consolidating the world economies, enhancing connectivity and mutual dependence among them on...

It is the advantages of Globalization which act to bring about economic welfare on international levels, thereby benefiting the worldwide population.Mentioned below, are the advantages of Globalization which facilitate the development of world economies immensely: It is the advantages of...

An increase in the process of Globalization in China has made almost all international investors invest in the country. This has led to continuous flow of foreign capital into China, boosting up its economic development to large extents. In fact,...

Globalization and its discontents refer to certain drawbacks which Economic Globalization has. The following general factors may be considered as drawbacks of Globalization:There is significant increase in the flow of skilled and unskilled employment opportunities simultaneously from developed and developing...

The Theory of Labor Supply defines the supply of labour as the number of workers willing to and able to work for a specific wage rate in a given industry. The Theory of Labor Supply defines the supply of labour...