origin of economics

Origin and meaning of economics

origin and meaning of economics The word economics is derived in English language from the Greek word “Oeconomics” by Xenophon in 431 BC. which is a socratic dialogue principally about household management. The history of economics is as old as the history of mankind. The start of economics took place with Plato and Aristotle. Plato…

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management important note

Objective and importance of book Keeping

Here if you want small business accounting software Download it from here   What is the objective of book keeping To keep the financial record systematically by identifying the transactions of financial character amongst the various transactions of a business. To measure all financial transactions in monetary value. To record all financial transactions in the…

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management important note

Book keeping and accounting

Meaning of book keeping In today’s world, our every activity is with some motives of earning profit while in other cases the purpose may be social welfare, providing education, health care etc. whatever may be the purpose of activity is likely to be and organized affairs. If a person organized different types of elements like…

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economics robbins critics theory

Critics of Robbins Definiton

Incomplete Definiton Robbins Definition of Economic Considered as a Scientific Definition which takes long period. How ever It may not Relief From Criticism. Robbins Definition has been Criticised on the Following Grounds. This Definition of economics has given on necessary emphasis on scarcity and choice problem but critics view that economic problem also arise from…

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