Author : EconomyWatch

China and India are known as the Asian giants and currently they are known as the engines of world economic growth. However incredible may it sound the fact is...

The Supply Theory is one of the fundamental theories of economics. It is also a foundation on which many other theories are based. The supply theory generates lots of...

The John Nash Game Theory is a specific part of the Game Theory involving the equilibrium proposed by John Nash. The Nash Equilibrium is a solution concept applied in...

The economic environment is an amalgamation of various economic factors, such as total employment, productivity, income, wealth, inflation and interest rates. These factors influence the spending patterns of individuals...

According to Economypedia, "Microeconomics is a division of economics, which studies the ways by which individuals, firms and families take decisions regarding allocation of the limited amount of resources...

Money Supply Theory in macroeconomics refers to the study of the quantity of money available at the hands of people within the economy to buy goods, services and securities....

Interest is basically the price of asset that is borrowed. It is paid in the case of borrowed money, in the purchase of shares and goods through hire purchase....

Game Theory is a branch of functional mathematics that is applied to study the decision making process in opposing situations. This kind of a situation arises when two individuals...

The Theory of Perfect Competition deals with a hypothetical form of the market, where the power of influencing the market prices rests neither with the manufacturers nor the consumers....

Oligopoly is a form of market where there is domination of a limited number of suppliers and sellers called Oligopolists. In reality, it is the Oligopoly market which exists,...