Liberalisation is known as the relaxation in rules and regulations imposed by the government in business and trade. It is the process or means of... View Article
The following are some of the advantages and disadvantages of liberalisation. Advantages: Increase in foreign direct investment Abolishing... View Article
Following are the advantages of liberalisation: Increase in foreign direct investment Abolishing of licensing system in the country Reducing... View Article
Liberalisation aims at putting an end to the restrictions that can be detrimental to the growth and development of the country. Relaxing the... View Article
Liberalisation is the process of relaxation of trade rules and regulations of a country by the government which paves the way for economic growth... View Article
Liberalisation refers to a relaxation of government restrictions in the areas of social, political and economic policies. The effects of... View Article
Liberalisation is the process of relaxation of trade rules and regulations of a country by the government which paves the way for economic growth... View Article
In simple words, liberalisation refers to a relaxation of government restrictions in the areas of social, political and economic policies. Also... View Article
Liberalisation refers to the process of relaxation of trade rules and regulations of a country by the government which paves the way for economic... View Article
Adam Smith, a Scottish economist from the 18th century is regarded as the inventor of modern economics. Also see: What is microeconomics?... View Article
Renowned economist and Noble Laureate Amartya Sen is regarded as the Mother Teresa of economics for his work on human development, famine,... View Article
Microeconomics is that branch of economics that deals with the behaviour of individuals, firms and households in decision making and resource... View Article
As per Adam Smith who is considered as the Father of economics, the 3 laws of economics are: Law of self interest Law of Competition Law of... View Article
It is advisable to study microeconomics first as there are many ideas in macroeconomics that are dependent on microeconomics. Also see: What... View Article
