THE NATURE‚ SCOPE AND METHODS OF ECONOMICS THE INDIVIDUAL AND SOCIETY:- Most introductory textbooks of Economics begin by asking the question ‘What is Economics about?’ Although Economics is a vast subject and precise definitions are usually complex and controversial‚ it is not a difficult matter to give a simple and sensible answer to this basic question. Economics is essentially a study of the ways in which people provide for their well-being. Economists are concerned with the study of
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Unit – I Nature & Scope of Managerial Economics Contents Fundamental Economics Concepts: Opportunity Cost‚ Discounting principle‚ Time perspective‚ Incremental reasoning‚ Equi-marginal concept. Marginal concept in economics. Economics of information: Risk‚ Uncertainty‚ Asymmetry of information‚ Adverse Selection‚ Market Signaling. The theory of firm; Econometric Models & Economic optimization. ____________________________________________________________________________________
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Lesson - 1 Business Economics- Meaning‚ Nature‚ Scope and significance Introduction and meaning : (Author : Dr. M.S. Khanchi) Business Economics‚ also called Managerial Economics‚ is the application of economic theory and methodology to business. Business involves decision-making. Decision making means the process of selecting one out of two or more alternative courses of action. The question of choice arises because the basic resources such as capital‚ land‚ labour and management are limited and
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1) A. A trip to the ocean can be a relaxing escape from the everyday pressures of life. b). You should have always be careful to avoid overexposure to the sun at the beach. 2) 1. Check for punctuation‚including capitalization 2.watch for grammatical errors. 3) look for paragraph indentation 4) keep your eyes focused on one line at a time 3).a chiches –are worn out expressions b.I have to face the facts when I’m wrong. 4) Intuitive writing is when you don’t write down anything until
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major Problems and limitations of E-marketing in Bangladesh” 1.2 Rationale of the Study: I want to do this research as a part of my course curriculum of Research Methodology. I am doing major in marketing. So that is why I have selected this topic which has a good relation with my major. I strongly believe that the research will help me a lot for understanding the term E-marketing as well as how can I use the term in real life as a strong marketing tool. If I do the research‚ it may help the
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acquired some research experience by undertaking two Summer Placements as a Research assistant and Technician both in Spain and Mexico; gaining tremendous experience in critical areas that have helped me gain an insight of where my real passion is. Chosing your Undergraduate Research programme will help me cultivate a number of essential technical and non-technical skills that will benefit me now and throughout my career no matter my eventual career choice. Lastly‚ undergraduate research will literally
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The 1920’s are often referred to as the roaring twenties. It was the time of economic prosperity and technological advances. More and more Americans were relocating into cities instead of rural areas. The wealth of the nation nearly doubled resulting in America becoming a consumer society (Mintz & McNeil). Spending was at an all time high; Americans spent their money on new items including electric refrigerators and radios. One of the most notable consumer products sold during this time was the
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multifaceted discipline and includes many sub-fields of study such areas as human development‚ sports‚ health‚ clinical‚ social behaviour and cognitive processes Psychology is called a science as a result operates as a science in the way it carries out research to come to a conclusion as to why certain things happen. Psychology is the scientific study of the mind and behaviour.The word psychology is derived from the Greek word psyche‚ literally meaning ’life’ or ’breath.’ Derived meanings of the word
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CHAPTER 1 Scope and Meaning of Accounting Introduction Need and Role of Accounting Meaning of Book -keeping and Accountancy Book-keeping Accounting — Science or Art Definition and Explanation of Accounting Users of Accounting Scope/Branches of Accounting z Financial Accounting z Cost Accounting z Management Accounting Systems of Accounting Objectives/Advantages of Accounting Limitations Terminology often used — Some Basic TTerms erms Check Y our
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SCOPE AND GROWTH OF MUTUAL FUNDS IN INDIA Erstwhile UTI was bifurcated into UTI Mutual Fund and the Specified Undertaking of the Unit Trust of India effective from February 2003. The Assets under management of the Specified Undertaking of the Unit Trust of India has therefore been excluded from the total assets of the industry as a whole from February 2003 onwards.Investement in Indian Matual Market The Indian mutual fund industry has significantly high ownership from the institutional investors
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