Economics was something that I was
never being encountered with throughout my career. It was a challenge rather
that experience I would tell. Some of the basics like break-even point I studied
in my engineering career that few concepts were also not clear but not it is crystal
clear. Talking about the simulation part I would rather say it an experience
where we can learn how to develop strategy to compete with others in a
particular market.
Economics when applied to real life sounds beautiful. this blog is for those students who are discovering the different facets of economics applications and want to share their discoveries.
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IMPACT OF SOCIETY /SOCIAL GROUPS ON PURCHASE INTENTIONS OF HOME BUYING- Consumers are the most important factor that will make any bus...
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MARKET STRUCTURE: there are different market structures that can be characterized to an economy, without market structure any company ca...
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First of all I would like to thank Prof. Prashant Kulkarni because of him only I am now able to understand what exactly economics is and I c...
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YES... here is the explanation :- Perfect competition market: It is type of a market where all the firms sell homogenous products. So ...
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