Quantitative methods in economics encompass a range of mathematical and statistical techniques used to analyze and understand economic phenomena. These methods play a crucial role in the field of economics…

Industrialization is not bad for the health of society but despite this usually, society in the past was opposed to industrialization. Perhaps there was no society that gladly and willingly…

Because most underdeveloped and developing countries rely on agriculture, they are typically industrially backward. In most of these countries, industrialization is thought to do more harm than good. As a…

MEANING OF ‘DEMAND’ IN ECONOMICS ‘Demand’ means a consumer’s desire to buy the quantity of any commodity or service at various prices during a given period, and the consumer is…

There is no such nation in the present world, which can survive or become a developed nation without industrial advancement. A nation also can not get an honorable position in…

ECONOMICS: The term “Economics” is derived from the Ancient Greek word “Oikinomikos”. The Oikinomikos is made with two words, first “Oikos” means “household” and second Nemein means “Management”, “Custom” or…