Economic Trade

Managerial Economics                  Managerial economics is a field of study within business economics that focuses on the microeconomic factors that influence the decision-making processes with an organization. The strategic decisions of corporations result in either a profit or a loss for the company. Managerial economic principles are intended to influence and guide corporate strategy and decisions toward the best outcomes for a company.                  The study of managerial economics is applied to both the public and private sectors, as well as to for-profit and not-for-profit organizations. All of these types of organizations must effectively assess the economic climate in order to remain solvent (because all organizations require a source of funding to continue operations). Across all sectors of the business world, the main goal of managerial economics...

What Is Business Economics? Business economics is a field of applied economics  that studies the financial, organizational, market-related, and environmental issues faced by corporations. Business economics assesses certain factors impacting corporations—business organization, management, expansion, and strategy—using economic theory and quantitative methods. Research topics in the field of business economics might include how and why corporations expand, the impact of entrepreneurs, interactions among corporations, and the role of governments in regulation. Business economics is a field of applied economics that studies the financial, organizational, market-related, and environmental issues faced by corporations. Business economics encompasses subjects such as the concept of scarcity, product factors, distribution, and consumption. Managerial economics is one important offshoot of business economics. Understanding Business Eco...

 Games ( football, cricket, Hockey, Olympic games,etc) also play a very good role in any country's Economy .  Competitive Balance  is one of the most important ideas within sports economics. This idea, in general, refers to the comparison of wins between all teams in a league. Rottenberg, effectively built this seminal idea with his interest in "dispersion of games won."  Related to competitive balance is the understanding of different leagues and different team within those leagues objectives. Understanding the ownership structure and motives of front office personnel through their financial, read economic, decisions will reveal whether a team is looking to only generate profit, attempt to win a championship, or something entirely different. Making sense of human behavior through data is the central idea of economics and certainly applies to Sports Economics as well.  Sports leagues look to promote competitive balance to make more games appealing to fans to wa...

 There are many things that made a country's economy but the Trade is back bone of a country’s economy. The  economy of Pakistan  is the  26th largest  in terms of  purchasing power parity  (PPP), and  46th largest  in terms of  nominal gross domestic product . Pakistan has a population of over 220 million people (the world's  5th-largest ), giving it a GDP per capita(nominal) of $1,260 which ranks The  economy of the People's Republic of China  is a  developing   market-oriented economy  that incorporates  economic planning  through  industrial policies  and strategic  five-year plans . Dominated by  state-owned enterprises  (SOEs) and mixed-ownership enterprises, the economy also consists of a large domestic private sector and openness to foreign businesses in a system described as a  socialist market economy .     world's foremost economic powers ...

What is economy? And  What is economics? There are two different types of questions..!!                      An  economy    'management of a household, administration from  'household', and  'distribute, allocate' is an area of the  production ,  distribution  and  trade , as well as  consumption  of  goods  and  services  by different agents. In general, it is defined 'as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources'.   A given economy is the result of a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure and legal systems, as well as its geography, natural resource endowment, and ecology, as main factors. These factors give  context, content, and set the co...