Demand and Supply Analysis What is Demand and Supply Analysis? The demand and supply analysis focuses on the demand for a product or service and maximum production-distribution capabilities. It highlights the gap between the market’s requirements and the fulfillment of goods and services. This analysis is based on the law of demand and the ….  Read More

                  The Production Possibility Curve.   DEFINITION A production possibilities curve in economics measures the maximum output of two goods using a fixed amount of input. The input is any combination of the four factors of production: natural resources (including land), labor, capital goods, and entrepreneurship.   Definition and ….  Read More

    Theory of Production Compulsory Topics to learn here. -Production: division of labour and specialization. -Scale of production (Internal and External economies), concept of total, average and marginal productivity and law of variable proportions. – THEORY OF COST AND REVENUE (i) Cost concepts: total cost, average cost, marginal cost, variable cost, fixed cost; short ….  Read More

  Theory of Cost and Revenue.     The determination of the price for a product or service is not easy. Several other factors govern it. The theory of cost definition states that the costs of a business highly determine its supply and spendings. The modern theory of cost in Economics looks into the concepts ….  Read More

                     Theory of Cost and Revenue- Cost Concept     Cost analysis is all about the study of the behavior of cost with respect to various production criteria like the scale of operations, prices of the factors of production, size of output, etc. It is all about the financial aspects of production. In ….  Read More

    Microeconomics- Cost Concept Distinction Between Economic Cost and Accounting in Respect to How Accountant and Economist Views Cost.     Running a business demands that you keep a pulse on the financial factors that affect net profits. Two of those factors are accounting costs and economic costs. Although the two terms sound similar ….  Read More

                         Revenue Concepts   In order to understand markets and economic activities, it is important to have a good grip on the basic concepts of revenue. In this lesson, we will talk about the basic concepts of revenue and its types.   Basic Concepts of ….  Read More

      Economic Systems of the Earth: Types and Features of Economic systems   An economic system is the method that a government or society uses to arrange and distribute resources, including goods and services, throughout a geographic area. Explore the definition, types, and examples of economic systems, including planned, market, and mixed market ….  Read More

  Labor Market The place where the supply and the demand for jobs meet     What is the Labor Market? The labor market is the place where the supply and the demand for jobs meet, with the workers or labor providing the services that employers demand. The worker may be anyone who wishes to ….  Read More

    Labour Force and Capital     The lesson deals with the markets for the factors of production—labour and capital. The analysis will be presented in terms of the demand, supply and market equilibrium for each. While this is a standard analytical approach in microeconomics, the markets for labour and capital differ from goods ….  Read More

Agricultural Economics     Agricultural Economics is the study of how societies use available resources to meet the needs of people. Agriculture represents the single largest use of the earth’s resources—a major driving force in the world’s economy. Agricultural economists study agriculture from a business context which involves where products are being consumed, developed, financed, ….  Read More

  Peasant Farming   Peasant is a pre-industrial agricultural laborer or a farmer with limited land-ownership, especially one living in the Middle Ages under feudalism and paying rent, tax, fees, or services to a landlord.  In Europe, three classes of peasants existed: non-free slaves, semi-free serfs, and free tenants. Peasants might hold title to land outright (fee simple), or by any of several forms of land tenure, among them socage, quit-rent, leasehold, and copyhold. ….  Read More

    Introduction to Co-operative and State Farming .   What Are Agricultural Cooperatives? Agricultural Co-operatives are specific organizations that are owned and operated by their members. Agricultural cooperatives unite single growers to boost their business productivity and increase yields. Apart from farming co-ops that deal with agricultural production, there are utility, financial, and other ….  Read More

          Importance of Agriculture to the National Economy       Role of Agriculture in the Economic Development of a Country Some of the major role of agriculture in economic development of a country are as follows: Agricultural sector plays a strategic role in the process of economic development of a ….  Read More

Agricultural marketing ensures that products reach consumers effectively, benefiting both farmers and consumers. 🌟

    Agricultural policies (minimum agricultural prices), problems of agriculture and remedies.     Let’s delve into the world of agricultural policies, minimum agricultural prices, the challenges faced by agriculture, and potential remedies. Agricultural Policies and Minimum Prices Common Agricultural Policy (CAP): The Common Agricultural Policy (CAP) is a European policy that involves several key ….  Read More

                                          Industrialization     Meaning and types of industry. Definition of industrial concepts: plant, firm, industry and industrial estates. Location of industry, localization, role of industrialization in economic development. Strategies of industrialization. Problems of industrialization. ….  Read More

    Industrial  Concepts     Industrial concepts refer to a broad range of ideas and processes involved in industry. Here are some of the key concepts: * Industry: A sector of the economy that produces goods or services. Industries are typically classified according to the products they produce (e.g., manufacturing, construction, healthcare) or the ….  Read More

May HA’HASHEM 🛐 Bless Us as we learn about in this lesson today. We GIVE 🛐YOU🛐 THANKS🛐 AND PRAISES🛐. Please YHWH🛐 FORGIVE us our sins and help us to stay sinless. Give us ability to understand , as we learn under Your Shelter HA’SHAMYIHM 🛐 IN HA”YHWH YESHUA HAMASCHIAC 🛐. THE AMIN AND AMEN🛐   ….  Read More

        National Income and Public Finance May you be Blessed as HA’SHAMYIHM 🛐 OF MERCY🛐 Teaches Us all Via Me in The Rudiments of National Income and Public Finance. Lessons here Elementary treatment of fiscal policy – Balanced and Unbalanced budget – Elements of National Income Accountin     National income and ….  Read More

May HA’RUACH 🛐 HA’ADONAI 🛐 BE PRAISE  🛐 CONTINUALLY 🛐 NOW AND FOR EVER MORE🛐 As We, HIS🛐 Pupils Continue to learn Management of Economy IN HA’YHWH 🛐 HA’ADONAI 🛐 SON🛐 HA’REBBE 🛐 MELECH 🛐 YHWH 🛐 HAMASCHIAC 🛐 Y’WIN🛐   Lessons Elementary treatment of fiscal policy  Balanced and Unbalanced budget  Elements of National Income ….  Read More

Prayer TO HA’HASHEM🛐 ON  This SCHOOL Lessons 👇 May HA’HASHEM🛐BEPRAISED🛐  IN Our WORSHIP 🛐.AndMay HE🛐 In HIS🛐 Infinite Mercy🛐 Remember Us, and Grant us ; both The Teacher and Students Ability  to understand this subjects, as HE🛐 Teaches Us all through Our teacher, In HASHEM 🛐 HA’ADONAI 🛐 SON 🛐 HA’YHWH 🛐 YESHUA 🛐 HAMASCHIAC ….  Read More

  Financial Institutions and Regulatory Bodies: Commercial, Mervhant, etc, Banks.   The commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a large bank that deals with corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks. Commercial ….  Read More