Business… Impact of Global Financial Crisis on India 4 Jul 2020 Impact of Global Financial Crisis on India - Since 1991 following the policy of globalisation, the Indian economy was also opened to foreign capital and trade of goods and services,…
Business… Global Financial Crisis (2007-09) 3 Jul 2020 Global Financial Crisis (2007-09) - Burst of Sub-Prime Housing Bubble - The Origin of Crisis - From the second half of 2007 in the United States a financial crisis started…
Business… Effects of Regional Trade Agreements – Trade Creation and Trade Diversion 1 Jul 2020 Effects of Regional Trade Agreements - Trade Creation and Trade Diversion Liberalisation of trade by eliminating tariffs within a free trade area or customs union has both benefits and costs…
Business… Global Commercial Policy 30 Jun 2020 Global Commercial Policy - Commercial policies are the policies related to the imports and exports of a country. Commercial policy plays a vital role in promoting growth and well being…
Business… Globalisation 29 Jun 202019 Jul 2020 * Globalisation - Introduction Globalisation means different things to different people. In economics, globalisation refers to the increased openness of an economy to the international trade, capital flow, transfer of…
Business… Market Structures – Monopoly, Oligopoly, Monopolistic, Perfect Competition 16 Jun 202017 Jun 2020 Concept of Market For an individual it would mean a shopping complex or a place where he/she can buy things. But, in economics, the concept of market is very different…
Business… Passive Income Series – How to create Skill Based Income Source 3 May 202013 Jun 2021 Passive Income - Skill Based Income Source Skill Based Income which can be Passive or Semi-Passive or Semi-Active depending on the skills the person have. Today we will be looking…
Business… Economics Terms Series Part 2 – Profit, Cost, Budget, Employment, Unemployment, Externality 29 Apr 20203 May 2020 PROFIT A surplus of revenue from the sale of outputs over the costs of their production. LOSS A situation of generating revenue less than cost of production. ABNORMAL PROFIT The…
Business… Economics Terms Series Part 1 – Demand, Supply, Policy, Inflation, Deflation, Import, Export, Wage, Returns to Scale, Economies of Scale 28 Apr 20202 May 2020 ABSOLUTE ADVANTAGE The ability of a country or region to produce a good or service at a lower average cost per unit than any other country or region is able…
Business… Passive Income Series – Part 1 – Basics of Passive Income 26 Apr 202013 Jun 2021 # What is Passive Income ? Passive Income is a type of income which doesn't requires a person to work constantly to get it, and it reoccurs after a period…
Business… Business Cycles – Phases of Business Cycles 25 Apr 20202 May 2020 According to Parkin and Bade - “The business cycle is the periodic but irregular up-and-down movements in economic activity measured by fluctuations in real GDP and other macroeconomic variables. A…
Business… Business Cycles – Concept and Features 24 Apr 20202 May 2020 Business Cycle - It is a natural phenomenon of expansion and contraction in the production levels over a period, It is natural and happens with every business and every economy.…
Business… Market Failure – All That You Want To Know 20 Apr 20202 May 2020 What is Market Failure ? Market is a structure that allows buyers and sellers to exchange any type of goods, services or information. The exchange of goods or services, with…
Business… Oligopoly – It Takes Large Resources To Enter In 16 Apr 20202 May 2020 The term oligopoly has been derived from two Greek words, oligoi means few and poly means control. According to Prof. George J. Stigler, “Oligopoly is a market situation in which…
Business… Monopoly – The Power Player 15 Apr 20202 May 2020 The term monopoly has been derived from a Greek word Monopolian, which means a single seller. Monopoly market is the extreme opposite of Perfect Competition. According to Prof. Thomas, “Broadly,…
Business… Monopolistic Competition – Explanation & Real Life Applications 13 Apr 20202 May 2020 We have briefly explained it earlier in our previous post. But in case for those who haven't read that we will discuss it from the Theory to the the Real…
Business… Multiple Sources of Income 11 Apr 202013 Jun 2021 What is it's meaning and How it works ? Basically when you have income coming from more than one or two source, on which you primarily depends for your survival…
Business… Rich Vs Poor in Hard Time’s of Economy 9 Apr 20202 May 2020 Today we will be talking about how the hard times affects the people with different income levels in society, The Riches, The Poor's & The Middle Class. Before we start…