Finance
-
Hawley’s Risk Theory Of Profit And Its Criticism
Risk taking Theory of Profits : The risk theory of profit was formulated by F. B. Hawley in 1893. He…
Read More » -
Clark’s Dynamic Theory of Profit And Its Criticism
The Dynamic Theory of Profits was introduced by J. B Clark. According to him profits come only in dynamic economy…
Read More » -
Rent Theory of Profit And Its Criticism
The Rent Theory of Profit was first introduced by Senior and Mill. Later this theory was developed by the American…
Read More » -
Difference Between Gross Profit And Net Profit In Economics
Meaning : Profit is the reward for the services of the organizer. Â It is the residual income which is equal…
Read More » -
8 Theories Of Business Cycles | Causes of Business Cycles
Several theories were offered to explain the causes of business cycles. The following are some of them 1. Climatic theory:…
Read More » -
Characteristics And Phases Of Business Cycle
During the past hundred years if we study conditions of trade, we find ups and downs in the level of…
Read More » -
Howtrey’s Monetary Theory Of Trade Cycle And Its Limitations
Howtrey’s Monetary Theory Of Trade Cycle: Prof. Hawtrey regards business cycle as purely a monetary phenomenon. According to him the…
Read More » -
What Are The Measures To Control Business Cycles
Business cycles are very harmful to the economy because they create economic fluctuations. During the period of prosperity, prices rise,…
Read More » -
What Are The Consequences Of Business Cycles
Business firms are affected differently by business cycles based on the nature of their business. For the economy as a…
Read More » -
Relationship Between Marginal Cost And Average Total Cost
Marginal cost and average cost are two important types of costs incurred by a firm in production process. The Marginal…
Read More »
