Inflation In economics, inflation means rise in the general level of prices of goods and…

Business cycles are the rhythmic fluctuations in the aggregate level of economic activity of a…

Definition of Economic Growth Economic growth refers to an increase in the goods and services…

Factors Determining the National Income According to Keynes there are two major factors that determine…

Definition of National Income The total net value of all goods and services produced within…

Circular flow model is the basic economic model and it describes the flow of money…

Macroeconomics is a part of economic study which analyzes the economy as a whole. It…

Capital Budgeting is the process by which the firm decides which long-term investments to make.…

Pricing is the process of determining what a company will receive in exchange for its…

Price determination is one of the most crucial aspects in economics. Business managers are expected…