Author : EconomyWatch

Economy of Scale (ES) aims at achieving mass production with least input expenses, both in terms of labor and financial investments. With the gradual development of a company, its...

The Service Economy is a relatively new coinage arising out of the popularity of the service sector. The service sector has gained a lot of importance in the world...

The economy of the United States is characterized by rich diversity of natural resources. Ample supply of natural resources has proved to be of great use in strengthening the...

Bubble Economy is an economy in which trade takes place in large volumes with a discrepancy between the price and the intrinsic value of the product. The intrinsic value...

From command economies to traditional, barter, bubble and service economies, this section details numerous topics relative to various types of economies. This section has been designed to provide background...

An Open Economy is an economy, which is free to trade with the other economies of different countries. This is in sharp contrast with the closed economy where people...

Globalization in India has allowed companies to increase their base of operations, expand their workforce with minimal investments, and provide new services to a broad range of consumers. The...

Barter Economy may be regarded as the mother of all economic concepts prevalent today. It is the most primitive and very basic economic theory, which does not consider currency...

Inclusive growth in India and China made these two countries to become the major players in world economy. India and China both succeeded in attaining the attention of the...

The World Development Report 2007 has come out with a special focus on 1.3 billions of young peoples in the developing nations over the world as a true potential...