Of the prices,to ensure increase to some extent as slowly and predictable,maybe these are the most important task of them who managing economy.But,the inflation has a bad tendency of getting uncontrolled.
Inflation Levels Generally,inflation explained as a annual rate.So, 3% inflation rate, indicates that the prices in the economy are 3% higher...
Thursday, 30 March 2017
Sunday, 26 March 2017
Money
Economy doesn't only interested in with money,but money make each person an Economist. Instead of giving someone something for free,the moment we want money from it,you will have seen her/his invisible face.
Behavioral economist Dan Ariely to prove it made an experiment.Dan offered to students one-cent Starbucks candy.The students took four candies average.After...
Sunday, 12 March 2017
Adam Smith:The Invisible Hand
Gordon Gekko, the villain of 1980's classic movie Wall Street,said ''greed is reasonable'' and he justified all community's fears about the financiers.Disgraceful money ambition,in the brutal World of Manhattan it is not something to be ashamed of anymore;like striped shirt red trousers hanger,it should be wear proudly..
The film shocked everyone ends of...
Wednesday, 8 March 2017
Karl Marx:Principle of Infinite Capital Accumulation
In 1867 Marx,after half a year of published Ricardo's ''Principles' ,when he published Capital's 1st volume,economic and social truths has deeply changed:The question is whether agriculture will now feed an increasing population or the question of whether the price of the soil will increase or not,rather it became a matter of understanding the dynamics of industrial capitalism as a whole.
...
Sunday, 5 March 2017
David Ricardo:The Scarcity Principle
From past to present, from the beginning to the end of the 18th century and 19th century, perspectives of economic and social transformations are objectively impressive. From the witness's perspective,, we need to understand that it is traumatic too. In fact, The vast majority of the observers of the time were relatively pessimistic about the sharing of wealth and the long-term evolution of the social...
Saturday, 4 March 2017
Micro and Macro
Economy occours with two topics.First one,it is a technical expertise who examines how people make decisions about 'how and why.' Second one,how to government ensure the growth ,how to combat with inflation,how to provide financing and how to hold the unemployment at a certain level, they all working to understand with a more general approach.We need to know diffrences in Microeconomic and Macroeconomic...
Wednesday, 1 March 2017
Supply and Demand
The law of supply and demand always lies at the heart of the economy and at the deepest level of human relations.All these things determine the interaction of these two powers,prices of products at stores,a profit of company and while one family becomes rich the other one becomes poor.
...
Subscribe to:
Posts (Atom)
