Economics
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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