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    Industrial Policy and its Objectives

    Industrial Policy prescribes the respective roles of the public, private, joint, cooperative, large, medium and small scale sectors for the development of industries. It incorporates different types of policies including fiscal and monetary policies, tariff policy, labor policy, etc. More

  • monetary policy and fiscal policy

    Monetary policy and Fiscal Policy

    The monetary is the policy statement, traditionally announced twice a year. The Fiscal Policy refers to the revenue and expenditure policy of the government, which is generally used to cure recession and maintain economic stability in the country. More

  • public private partnership

    Public-Private Partnership (PPP)

    Public-Private Partnership (PPP) is an arrangement where private parties participate in or provide support for the provision of infrastructure. PPP is not the procurement of an asset but the payment of a stream of services under specified terms and conditions. More


    Types and Causes of Inflation

    Inflation is defined as a sustainable increase in the price level or a fall in the value of money. Normally inflation occurs because of the level of currency exceeds the level of production in the country. More

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    Techniques of Demand Forecasting

    Demand Forecasting is defined as the forecasting or anticipating the demand for the goods and services that a business organization is offering. Demand forecasting is done for long-term and short-term periods. It helps the organization in the following… More

  • managerial economist and his duties

    Managerial economist – Duties and responsibilities

    A managerial economist is a person who plays a very important role in assisting the management by using his increasingly specialized skill and sophisticated techniques which are required to solve the difficult problems of successful decision making and forward planning More

  • managerial economics

    Managerial Economics and its Features

    Managerial economics is the study of how scarce resources are directed most efficiently to achieve managerial goals. It is a valuable tool for analyzing business situations to make better decisions. Managerial Economics can be easily defined as an application of economic theory and methodology to business administration policies. More