LABOUR MARKET

LABOUR: Labour can be defined as all human efforts of any land, either skilled or unskilled, mental or manual, directed towards the production of goods and services. MARKET It can be defined as any point of contacts where transactions takes places. LABOUR MARKET Is defined as a market which buyers and sellers of labour are […]

BUSINESS ORGANISATION

Firm: A firm is an independently administered business unit which carries out productive activities. A firm organizes its production in a plant. An industry: Is the ambulation of a number of firms producing similar commodities or services for the same market. An Organization: is an entity comprising multiple people, such as an institution or an […]

O-LEVEL ECONOMICS KEY NOTES & LECTURE

Meaning & Scope of Economics Types & Features of Economics Theory of Economics Analysis Theory of Demand Theory of Supply Price Determination Consumer Behaviour Theory of Production Theory of Cost Market Structure & Revenue Concept Labour Market National Income Money & Banking Non-Bank Financial Intermidiaries Inflation Public Finance Economic Development & Growth International Trade & […]

ECONOMICS PAST QUESTIONS & ANSWERS

Meaning & Scope of Economics Types & Features of Economics Theory of Economics Analysis Theory of Demand Theory of Supply Price Determination Consumer Behaviour Theory of Production Theory of Cost Market Structure & Revenue Concept National Income Money & Banking Non-Bank Financial Intermidiaries Inflation Public Finance Economic Development & Growth International Trade & Balance of […]