This essay is about "Theories of Public Expenditure"
What is a price ceiling and what is a price floor? Reasons for implementing them, their effects and examples of each.
Amartya Sen’s capability theory sees development as expansion of people’s capabilities. It is a people centric multidimensional approach and goes well beyond economic growth.
As per Professor A G Brown, "Economy is a system by which people get their living." Just like a machine, made up different parts that perform specific functions, an economy is made up of a system which has different functions. Some people provide...
According to October 11, 2006 news reports, the Federal deficit (the amount by which government spending exceeds tax and other government revenues) has shrunk to its lowest amount in four years. In addition to being good news, it also showed that...
This hub briefly described the Traditional Theory of Cost. (Key Words: Cost, Implicit Cost, Explicit Cost, Short run cost, Long run costs, Opportunity Cost, Traditional Theory of Cost)
Welcome to the Economic Way of Thinking. My name is Equilibrium and I will be your guide throughout a simplified economic experience. Just relax and we'll get through this together!
This case compares the debt policy of MCI Communications with that of five other leading telecommunications companies in order to find MCI's optimal capital structure.
This hub is about "The Principle of Maximum Social Advantage"
this article briefly described the different types of Oligopoly markets.