INTRODUCTION Perfect competition is an example of the product which is homogeneous in which buyers have full knowledge of present, past and future prices of the product. In this report, situation of a perfect competition and significant price changes in industry are explained. Apart from that ...

INTRODUCTION Macroeconomic is an essential branch of economics that deals with performance, behavior and decision-making of a nation as a whole. It focuses on aggregate modification in an economic such as unemployment, growth rate and gross domestic products. As per the mentioned case study which ...

Introduction Economics can be described as field of science that provide description of factors which affects production, consumption and distribution of goods and services. The present study is based on the evaluation of basic principles of economics (Bold and Vega, 2003.). In this report, ...

Economic Super Powers The economic landscape of the world is changing rapidly. The nations which were once categorized as developing are now swiftly emerging with eminent powers and are posing a threat to the already existing superpowers of the world. A superpower is a nation which has both the ...

Introduction Global financial crises having a great impact on the developed and developing countries and its economic growth. It can create a serious situation such as uncertainty in inflation, interest rate, increase in unemployment, decrease in the demand and slowdown the GDP of the nations. All ...

Introduction Strategic vision has global experience of developing tools to measure human behaviour, decision making and perceptions (Honig, 2004). It is well understood that comprehensive theory of human behaviour creates efficient strategies for effective decision making in business development ...