Accounting, Banking & FinanceEconomics & Finance: The SynergyAugust 8, 201519 CommentsCategory Economics Finance Definition It refers to the study of allocating limited goods and services to quench infinite human wants.…
EconomicsFiscal reforms: Key To DevelopmentJuly 29, 201516 CommentsWithout further Fiscal Reforms, the Indian government may find it difficult to sustain the increase in public investment spending, according…
Accounting, Banking & FinanceIndia’s 2015-16 Economic Growth at 7.9%July 29, 201521 CommentsI recently came across a statement stating that RBI has forecasted that 2015-16 India’s Economic Growth will be 7.9%. I…
EconomicsJust Expectations or reality?July 26, 201520 CommentsExpectations play a major role in determining the reality. Specifically, expectations have a significant role in the occurrence of economics…
EconomicsHuman ResourcesPoverty Estimating system in IndiaJuly 24, 201522 CommentsOne of the most important problem from which India is fighting is poverty prevailing in country. Hence, in this blog…
EconomicsLeontief ParadoxJuly 23, 20157 CommentsThe Leontief Paradox is one of the most famous and important contradictions in the history of economics. It was devised…
EconomicsThe H-O TheoryJuly 22, 201517 CommentsThe Heckscher-Ohlin theory of International Trade, also called the H-O theory was established by Bertil Ohlin. He derived this theory…
EconomicsWhy gold is losing its sheen?July 21, 201521 CommentsThere has been a sudden drop in the gold prices in India and other Asian countries. The gold price dropped…
EconomicsComplements and SubstitutesJuly 21, 201515 Comments When the price of Coke rises, we shift to Pepsi. When tea becomes cheaper, we buy less coffee. Similarly,…
EconomicsPrice and Demand TheoryJuly 20, 201514 CommentsWhen one thinks of economics the first words that come to mind are price and demand. Almost every economic action…