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...
The demand for a good statistician has increased by some fold in recent years. There always existed a constant need for a statistician in the market, but recently, a sudden upsurge in demand made the career option a popular one among the students. The demand for this...
When it comes to statistics, there are plenty of things that you would need to learn before you can call yourself someone advanced. It would take an entire lifetime if you were to try and cover each and every single topic that existed under the heading of statistics....
Probability Most of us use this term on a daily basis. But how many know, exactly why we are using it? Probability is a branch of mathematics that concerns calculating the likelihood of any occurrence. The same is expressed in the range of 1 and 0. For example, if the...
The Chemical Engineering graduates have a dynamic future. Engineering has a dynamic career in respect to the other careers. Though there are divisions of engineering yet the chemical engineering stands out of all. The chemical engineering graduates are absorbed as...
Before getting into the details of how to make maximum profit by investing in the mutual funds you must understand the basics of it. The basics of what are mutual funds, how to invest in them and why one should go for investing in the mutual funds will surely strike a...