Remittances sent by migrants to their home countries, can play a vital role in reducing poverty in Nepal. Here are some justifications for this claim: Economic Impact: Remittances contribute significantly…
Uncertainty bearing theory of profit : The "uncertainty bearing theory of profit" is an economic concept that explains the role of uncertainty or risk in determining profits in a market…
A growth strategy refers to a plan of action that a company adopts to increase its size and market share. Businesses aim to grow for several reasons, such as increasing…
Law of Demand The Neo-classical economist ,Alfred Marshall propounded the law of demand in the book "principle of economics" in 1990 .It is one of the well-known and most applied…
Microeconomics and Macroeconomics are important terms in Economics . Its listens same but it has huge difference in microeconomics and macroeconomics .Here we points out some differences of them as…
The word 'macro' derived from Greek word 'Makros' which means large . So the term macro denotes big or large . Macroeconomics deals with the functioning of the economy as…
Concept Micro-Economics The word 'Micro' was derived from Greek 'Mikros' which means small .So the term micro denotes small . Hence ,micro economics is the study of the behavior of…
Economics is a Science. Now the Question is Whether it is a positive Science or a Normative Science. this Question can be discussed as follows. 1. Economics as a Positive…
Adam Smith (1723-1790), a Citizen of Scotland, is popularly known as the father of economics as well as the leader of classical economists. Adam Smith was the first economist to…
Rapid Population growth is a major obstacle of development in developing countries like Nepal. High population growth creates different economics and non-economic problems in the country. Rapid population growth also…
Chirish Chaudhary
Hemant