Economics

14 October 2010

Loanable Funds Theory of Interest

According to the Loanable Funds Theory of Interest, the rate of interest is calculated on the basis of demand and supply of loanable funds present in the capital market. The concept formulated by Knut Wicksell, the well-known Swedish economist, is...

14 October 2010

Concept of Monopoly

The concept of Monopoly deals with a steady market condition where only one good or service provider exists, to rule the industrial sector single-handedly, without undergoing any sectoral competition. The characteristic features of the Theory of Monopoly are: Absence of...

14 October 2010

Monopolistic Competition

The concept of Monopolistic Competition is concerned with the common form of a market and its competitions. Monopolistic Competition is present in various industrial sectors such as apparels, restaurants, footwear, food and in the service sectors as well. The concept...

14 October 2010

Market Theory

Find below various types of markets and theories associated with the markets: Find below various types of markets and theories associated with the markets: Perfect CompetitionMonopolistic CompetitionMonopolyOligopoly

14 October 2010

Globalization

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...

14 October 2010

Economic Globalization

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...

14 October 2010

Advantages of Globalization

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...

14 October 2010

Globalization in China

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,...

14 October 2010

Globalization and its Discontents

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...

14 October 2010

Economic Graphs and Charts

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...

14 October 2010

Economics Theory

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...

14 October 2010

Approaches to Theory of Demand

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...

14 October 2010

BOP Theory of Exchange Rate

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...

14 October 2010

Classical Theory of Interest

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...

14 October 2010

Interest Theory and Bonds

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...