by Michelle Johnson | Oct 9, 2014 | Economics
Heath care is that part of economics which covers issues related to behavior and value in the production and also the consumption of health care and health. It also deals with the effectiveness and efficiency of these products too. So, the concept of health care is...
by Michelle Johnson | Oct 9, 2014 | Economics
There is the actual price which a consumer pays for a product and then there is the price which a consumer is willing to pay for the product. The difference between these two prices is called Consumer Surplus. This is a part of economics and many students are...
by Michelle Johnson | Oct 9, 2014 | Economics
Law of diminishing marginal utility is a law of economics. According to this law the marginal utility of a product diminishes with additional consumption of the very product, if there is only increase in the consumption of that product only while the consumption of...
by Michelle Johnson | Oct 9, 2014 | Economics
Perfect competition is a part of economy. When no member is big enough to set the selling price of homogeneous product then such market is called Perfect competition. This subject is also called pure competition. The thing about this economic theory is that it is vast...
by Michelle Johnson | Sep 23, 2014 | Economics
Unemployment is not a simple topic of Economics. There are different types of unemployment and related reasons behind it are important for your knowledge. Otherwise, your assignment will not be perfect anytime. But, for more accuracy you have a great option known as...
by Michelle Johnson | Sep 23, 2014 | Economics
Have you been robbed of your peace of mind under the burden of trade theory homework’s? Trade theories, is one of the most intriguing subjects you have ever come across. However, at times, it can get quite baffling too. There are situations where you hardly get...
