From the Stone Age, where man used to hunt for his food, to a paid trip to space, human civilisation has progressed a lot in quite a short span of time, and if we were to regard one thing that this development depended upon, it is without a...
The supply and demand model in Microeconomics is a price determination model which establishes a relation between these two market forces in a perfectly competitive market. It says, everything else remaining equal, the price of a commodity will fluctuate until supply and demand find a point of equilibrium and...
The expectations of a given population regarding the economic growth of their region and subsequent improvement in quality of life can and often does play a crucial role in the politics of development economics. According to Rosenstein-Rodan (1943) and Hirschman (1958) and subsequently numerous others asserted that economic development...

Cloud Computing

The world is moving pretty fast, and the credit for this fast pace can be awarded to the World Wide Web without a second thought. The increasing number of tools and hardware that a business needs in today’s world is growing fast beyond comprehension of business owners. In such...