Economics
-
Maximum Social Welfare and Perfect Competition (Analysis with Indifference Curves)
Readers might be very familiar with Indifference Curve technique, studied under elementary economics, for maximization of satisfaction or maximization of…
Read More » -
Relationship Between Efficiency Pareto Efficiency And Perfect Competition
Efficiency And Perfect Competition: In this writing, readers will be very familiar with elementary principles of economics relating to different…
Read More » -
Welfare Economics: Underlying Concepts and Thoughts
In 1920, Arthur Cecil Pigou discussed the concept for the first time and so he is considered the founder of…
Read More » -
Market Failure And Externalities in Environmental Economics
The theoretical aspects of Environmental Economics are still in a stage of infancy and most of the treatment depends on…
Read More » -
Trophic Levels And Ecological Pyramids
Each successive level of nourishment as represented by links of the food chain is known as trophic level. Organisms whose…
Read More » -
Dynamics of Ecosystems : Productivity And Energy Flow
The entire dynamics of an ecosystem revolves round the plants and animals in that system. These plants and animals are…
Read More » -
Master Piece: Types and Characteristics of Biotic Community
A biotic community (biocoenosis) is any assemblage of different species living in a geographical area or habitat. It is a…
Read More » -
Organization, Structure and Dynamics of the Ecosystem
This involves the understanding of a whole network of relationships comprising the various exchanges and interactions between the living and…
Read More » -
Ecology and Ecosystem : Clearly Explained
The term ‘Ecology’ has its origin in Greek words ‘Oikos‘ which means ‘habitation‘ and ‘logos‘ which means ‘study‘. Thus the…
Read More » -
10 Steps in Demand Forecasting Process
Demand forecasting is very important for every trading or manufacturing organization. Without it, a business may supply more or less…
Read More »