Microeconomics
Definition of Factor of Production and its Characteristics
Definition of Factor of Production and its Characteristics 1. Definition of entrepreneur The ability to combine the other three factors of production…
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Microeconomics
Definition of Need and Wants | Characteristics wise Explanation
Definition of Need and Wants | Characteristics wise Explanation Definition of Need A need is something that a person must have in order to thrive. Wi…
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Weekly Tips
Essay on Corruption, Categories, Strategies and Implementation for Anti-Corruption in Pakistan
Definition of Corruption The word corruption is derived from Latin word Corruptus which means "to break". In the layman use, corruption m…
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Microeconomics
Alfred Marshall's Definition of Economics | Criticisms and Neo-Classical School of Thoughts
Alfred Marshall is a well known economist. He was behind Smith and for him all the way, approximately hundred twenty years after Smith's book …
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Weekly Tips
How to Write a Good Report? Understanding the Basics
How to Write a Good Report? Understanding the Basics A report writing is a document that present information, discussion, observation, and analysis…
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Microeconomics
Understanding Scarcity | Scarce Resources and Categories of Scarce Resources
Understanding Scarcity | Scarce Resources and Categories of Scarce Resources The term scarcity refers to the limited quantity of resources that are…
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Weekly Tips
How to write a good Research Proposal? Understanding the Basics
How to write a good Research Proposal? Understanding the Basics A research proposal is a concise and coherent summary of someone's proposed res…
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Weekly Tips
How to Write a Good Personal Statement? Understanding the Basics
How to Write a Good Personal Statement? Understanding the Basics A personal statement is a kind of essay writing in which the writer narrates his l…
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Economics
Meaning and Definition of Agriculture Economics | Nature and Scope
Meaning and Definition of Agriculture Economics | Nature and Scope Agriculture Economics is an applied social science that deals with how producers…
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Fundamentals of Economics
What is Economics? Microeconomics versus Macroeconomics Understanding the Basics
What is Economics? Microeconomics versus Macroeconomics Understanding the Basics Economics is a social science that studies the production, distrib…
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Sociology
Relationship Between Economics and Sociology
Economics is concerned with the social life of people in the special field of production, distribution and consumption of wealth and resource while s…
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Weekly Tips
Relationship Between Political Science and Sociology
Political science is a social science which deals with the social life of human in systems of governance and the analysis of political activities, po…
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Weekly Tips
Relationship Between History and Sociology
History is based on written records of unique events like military conflicts, political events, the activities of rulers, the economic changes and mo…
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Weekly Tips
Relationship Between Sociology and Anthropology
Social and cultural Anthropology is the branch of Anthropology related with sociology. Main aim of the area is to study the culture of primitive soci…
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Fundamentals of Economics
Adam Smith's definition of Economics | Criticisms and Classical school of thoughts
In 1776, a Scottish economist and philosopher Adam Smith wrote a book (The wealth of nation), in which he defines the subject economics as "An…
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Fundamentals of Economics
Rostow's Stages of Economic Growth | Criticisms on Rostow
Rostow's Stages of Economic Growth Rostow's Stages of Economic Growth model is one of the liner economic models of historic economic growth. …
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Weekly Tips
Definition, Meaning, Nature and Characteristics of Society
Definition of Society Society word is derived from Latin word "Socious" which means Association or Companion ship or Fellowship. Thus socie…
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Weekly Tips
8 Happy New Year Wishes And Messages For The Friends In English
To put an end to something old, we have to start a thing new, wishing you with a joy filled year though the words here are few. A very happy new year…
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