Thursday, July 25, 2019

The Economics of Natural Resource Availability Essay

The Economics of Natural Resource Availability - Essay Example Every market strategy should cover the price and output strategy, the reaction of price and output strategy of other competitors in the market. There are large numbers of applications of business in this technological and advanced scenario. There are web and net facilities to all one should have an access to the internet facilities for business helps in advertising the introduction of the products and new designs The computer programming one of the most important things to consider the work based on software’s introducing different software. Small industries at small scales mean the garment factory leather and so on, small educational institutions such as small schools, investments in the small business of departmental stores, whole sellers and retailers. Keynes describes the study of unemployment with the business cycle he gives the study of aggregate demand. In Keynes view, using applying the fiscal policy can reduce the fluctuations in business cycle and monetary policy fiscal policy is the government policy and monetary policy concerned with the policy by a central bank and the government departments too. The Keynesian economics is based on the 20th-century ideas. In the Keynesian view, there are many macroeconomic variables, which have an impact on the individual’s microeconomics functions. In Keynesian economics, the discussion of aggregate demand with the individuals demands the goods. In his view there are many changes bring by the government by implementing the fiscal and monetary policy to take control over the economy and prevent it from downfall. The supply side economics is concerned with the implementation of monetary and fiscal policy it focuses on the monetary policy the study of money demand and its supply monetary policy is only concerned with the changes in the money supply not with the interest rate, the changes in interest rates are managed by the fiscal policy.  Ã‚  

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.