Economics is the study of how the limited resources could be used by the society or in other words it is something which deals with the production, distribution, and the consumption of the various types of the goods and services. Economics is an important part of the...
How income can be defined with reference to Income Tax? The changes in the income tax have their own benefits! What blinks in your mind when hearing the word ‘income tax’? A bit of sadness and happiness both should peep at the corners of your mind. You would be sad as...
What is Economics in a popular term? Is it science or arts? Is it a study of a completely different thing or just a study of something that we know and use daily? Well for that we need to know the definition of Economics. It is a study of the science of daily life. It...
Opportunity cost can be rightly defined as a decision that changes your way of handling your finances. There are lots of aspects of your life which can get affected owing to opportunity costs. Your entire career, money as well as elements of lifestyle can get impacted...
In recent times, Statistics has become a popular subject for students to do their graduation. More and more students are inclined to this subject after completing their class 12. Statistics is a subject that deals with the study of analyzing various data. The person...
