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Economics

Economics

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Published by Disha Goyal

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Published by: Disha Goyal on May 12, 2010
Copyright:Attribution Non-commercial

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10/24/2012

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PREFACE
Communication is at the core of almost all aspects of modern life. Educationand health care rely upon it, as do everyday work and community life, anddemocratic governance. Since new communication technology does offer significant opportunities—as well as grave risks—and because the form of the communication infrastructure of tomorrow is being shaped today, it iscritical that people from all walks of life play more active roles in thiscrucial transition period.A financial institution that provides services such as a accepting depositsand giving business loans. Commercial banking activities are different thanthose of investment banking, which include underwriting, acting as anintermediary between an issuer of securities and the investing public,facilitating mergers and other corporate reorganizations, and also acting as a broker for institutional clients.
 
List Of Contents
Introduction- Economics
Theory Of Economics
Microeconomics
Markets
Specialisation
Supply & Demand
Macroeconomics
Growth
Business Cycle
Inflation & Monetary Policy
Fiscal Policy & Regulation
Causes of Economic Growth
Does Economic Growth Reduce Relative Poverty and IncomeInequality?
Cost & Benefits of Economic Growth
 
Conclusion
INTRODUCTION-ECONOMICS
Economics is thesocial sciencethat studies the production,distribution, and consumptionof goodsandservices. The term economics comes from the Ancient Greek  ο
κονομία(oikonomia, "management of a household,administration") fromο
κος(oikos, "house") + νόμος(nomos, "custom" or  "law"), hence "rules of the house(hold)". Current economic modelsdeveloped out of the broader field of  political economyin the late 19thcentury, owing to a desire to use anempiricalapproach more akin to the physical sciences.Economics aims to explain howeconomieswork and how economicagents  interact. Economic analysis is applied throughout society, in business,financeandgovernment, but also incrime,education, thefamily,health, law, politics,religion,social institutions, war, andscience. The expanding domain of economics in thesocial scienceshas been described aseconomic  imperialism.

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