Tag Archives | economics

What is demand in Economics?

In Economics demand shows the relationship between the prices of a commodity and the quantity of the commodity which the consumer wants to buy at those prices.

By |2011-05-28T09:50:27+00:00May 28, 2011|Economics|Comments Off on What is demand in Economics?

Notes on the Economics of Population Growth

India, may be the world, is in the grip of population explosion. Can economic development find a solution to this baffling problem? What is the impact of the burgeoning population on economic development? Recent studies have thrown new light on these controversial questions.

By |2011-05-26T06:32:55+00:00May 26, 2011|Essay|Comments Off on Notes on the Economics of Population Growth

Differences between Sociology and Economics?

Sociology and Economics are similar in many respects. Sociology studies social life and economics studies economic aspects which forms the part of social life. Economic relationships bear a close relation to social activities.

By |2011-05-05T18:35:38+00:00May 5, 2011|Difference|Comments Off on Differences between Sociology and Economics?

Different between Micro and Macro Economics

Micro Economics studies the problems of individual economic units such as a firm, an industry, a consumer etc. Macro Economics studies economic problems relating to an economy viz., National Income, Total Savings etc.

By |2011-04-11T07:16:48+00:00April 11, 2011|Difference|Comments Off on Different between Micro and Macro Economics

What is Micro Economics?

The word Micro in economics has been taken from a Latin word Mikros which signifies small. In Micro-economic theory problems related to individual industries, firms, markets, and other economic units are extensively assessed and studied.

By |2011-04-11T07:16:48+00:00April 11, 2011|Economics|Comments Off on What is Micro Economics?

How Sociology is related with Economics?

Sociology and Economics as social sciences have close relations. Relationship between the two is close that one is often treated as the branch of the other. According to Thomas, Economics is, in fact, but one branch of the comprehensive science of sociology.

By |2011-02-18T11:26:26+00:00February 18, 2011|Sociology|Comments Off on How Sociology is related with Economics?
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