History of Capitalism

About this Book Humankind has evolved in many ways. The basic reason for this evolution has been the non-stop urge for more. Innovation has helped humankind to facilitate living and increase the standard of living too. Capitalism has served the same purpose. It was by the way of capitalism that a major part of the […]

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Big Debt Crisis

About this Book The world is interconnected through many links. One of the links is economic. The economies of the world are connected via trade and transactions. There is a huge number of transactions taking place on a daily basis between people belonging to different countries. Thus the world is in itself an economy. There […]

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Basic Microeconomics

About this Book As most of the things in the world are scarce, the allocation of these scarce resources becomes very important. Economics, whether micro or macro, is needed because of this scarcity. Microeconomics deals with individuals and firms. Microeconomics can also be termed as the study of supply and demand. It assumes rational behavior […]

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Applied Economics

About this Book Applied Economics is a recent development in the subject of economics. By Applied Economics, the application part of any economic policy is to be considered without which an economic theory in itself would be rendered useless. Economic Theories are propounded every other day, but without a practical use to itself, the same […]

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Basic Economics

About this Book Economics is an important branch of studies that deal with the rules, principles, and laws governing the economy of a nation and different parts of the world. Economics is the study and an analysis of how individuals, businesses and populations use money or other resources in order to produce wealth. It is […]

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History of Big Recessions

About this Book A recession is a decline in economic activity for a period of at least half a year. The world has seen several recessions of varying degrees. Every part of the human inhabitable world has experienced a recession at a point of history. Compared to the underdeveloped and developing countries, the developed nations […]

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Complexity

About this Book Complexity is usually confused with the term complicated. There are many different elements, individuals and particles in a complex system that interact with each other. They also respond to the environments. These elements, individuals and particles are inter-genius in terms of the information, knowledge or otherwise. Interaction involves interchanging information and knowledge. […]

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Behavioral Economics

About this Book When it comes to economics, it has a number of branches which can help a business to run in a proper way so that it can be successful and gain more revenue and sales. The concept of behavioral economics is basically the process of examining different emotions and thought processes of individuals […]

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Economic Development

About this Book The economic development is one of the most critical aspects which are responsible for the enhancement and recognition of a country at the global level. There are various economic developments that can be attained with the help of proper planning, focused on the development of a country. The economic development is related […]

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Economics of Scale

About this Book The beginning of this economic concept, economies of the scale, can be dated back to Adam Smith who was a Scottish pioneer of political economy and an important key figure during the Scottish Enlightenment Era who first mentioned this concept in his book “Wealth of Nations” in 1776 and was based on […]

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Customer Relationship

About this Book Customer Relationship Management is of a great use to the multi-level business arrangement. Its use can be dated back to the era of pre-industrialisation when its need was found for keeping track about the needs and demands of the customer. Many advancements were made since the time but the term ‘CRM’ was […]

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Crash Course Return On Equity

About this Book Return on Equity is a term that reflects the net income to every shareholder on the nominal shares holding. It is the most important derivation calculated by dividing net income to the total shareholders. The Net Income is derived after deducting the various expenditures incurred by the company from the gross income […]

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Crash Course Advertising and Marketing Law

About this Book Advertising and marketing are the basics of success in any business. A business’s or a company’s income directly depend on advertising and marketing. They are the essential part of business process. It is the process where the public is made aware of the product that business is selling. Although people mistake them […]

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Crash Course Business Agreements and Contracts

About this Book The organizations from time to time get into agreements and contracts with other organizations and individuals. The knowledge and skill to create and legally form these agreements and contracts are required by them so that they do not get into any complications later. The crash course of business agreement and the contract […]

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Economy of India: A Developing Mixed Economy

About this Book Indian economy is positioned as Sixth in terms of the nominal GDP and is considered as the third largest economy in terms of purchasing power parity (PPP). The years, 2015 and 2016 has played a vital role in Indian economic development as during this period Indian World Bank’s expansion and growth was […]

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Crash Course Product Liability

About this Book Product liability is the charge against the product that is owned by the wholesaler or manufacturer or retailer before selling them to their ultimate customer. The product is the goods that is consumed by the customer and sell by the retailer. The product quality and its type matter to define its liability. […]

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Federal Reserve System

About this Book Prior to the establishment of the Federal Reserve System (FRS), the U.S. economy faced frequent panics, bank failures, and credit scarcity due to unstable banking and financial systems prevailing in the market. Additionally, due to the rapid industrialization the decentralized banking system became more unstable. Specifically, the financial and the economy panic […]

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Accounting Fundamentals

About this Book There are a lot of talks going around when it comes to adjustment of fixed assets and depreciation expense in accounting terms. Depreciation is almost similar to that of any other expenses in the fact that all expenses are deducted from sales revenue to determine profit. Keeping this apart, however, depreciation is […]

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Accounting for Small Business

About this Book In the USA most businesses in operation are made up of micro and small businesses and are therefore of vital importance to the country’s economy. These companies are large generating jobs and wealth, which contributes significantly to the increase in gross domestic product – GDP. But one factor that has been extensively […]

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Commodity Trading

About this Book Trading of the fundamental commodities that are transformed in the process to offer the food for the human kind, the energy to fuel the needs and wants of people, and metals with myriad of applications, is one of the ancient forms of ancient activity. There were trades between India and china for […]

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