Economics

Demand and Law of demand

Demand Estimating Demand is central to any business operation because first it should estimate or forecast demand in order to detrmine there budget, production etc. Demand can be defined as the amount of a good that a consumer is willing to buy and able to purchase at a period of Read more…

By Anagha Sanil, ago
Economics

Macroeconomics and Microeconomics

Macroeconomics The word Macro Economics derived from the Greek word ” Macros” which means large. Macroeconomics do ‘big picture’ or ‘aggregate’ study on the behavior and performance of an economy as a whole. Thus the focus is on the aggregate changes in the economy such as unemployment, growth rate, gross Read more…

By Anagha Sanil, ago