Key performance indicators. There are certain indicators that economist should examine to find out how well an economy is performing.One of ...

Exchange rates: the value of one currency expressed in terms of another. Free exchange rate system: the value of currency is determined by s...

Monopoly exists where there is a single seller in a market.A monopolist is a price taker.The monopolist faces a downward sloping demand and ...

Yes,I know that this is the old video...there is nothing to do with this organization now....But I just want you to watch it...

Before we looked at how markets for particular products work and how sometimes they fail to achieve allocative efficiency.But now we are mov...

Market failure: where the free market mechanism fails to achieve economic efficiency. It mens that resources are not being used in a way tha...

It happened two days ago: The thickest inhabitant of the Earth does not wish to lay down in hospital. "Hard work - to carry to the ho...