by mbalectures | Oct 20, 2010 | Economics
There are two philosophies of life. If a person wants to reach some destination, he may adopt different ways to reach there. What method one adopts is to some people, not important but the ends are important. If a person wants to pass an examination, he can pass it by...
by mbalectures | Oct 19, 2010 | Economics
It is fact that destiny of man depends upon his own self. Most of the people are fatalistic, who believe in external factors to make or ruin their destiny. Whether it is good luck or jinx they strongly believe in external factors in shaping their fortune. Actually it...
by mbalectures | Oct 16, 2010 | Economics
As soon as we emerged into the new era, the things developed rapidly. We have advanced technology, communication skills, transport, business and new equipments in every walk of life. Advanced media has made our lives comfortable but such advancements were absent in...
by mbalectures | Sep 29, 2010 | Macro-Economics
National income is the total income of a country and does not include the incomes from illegal sources. There are three different approaches to measure the national income of a country i.e. income method, product method, and expenditure method. Since three different...
by mbalectures | Sep 26, 2010 | Economics
Every one has its own taste; some are in the favor of urban life wile others like rural life. Both rural and urban life has some merits and demerits. I am in the favor of rural life on the basis of following advantages of rural life over urban life. One of the...
by mbalectures | Sep 26, 2010 | Economics
Democracy is the government of people by the people and for the people. It can be said that democracy is a political system in which the supreme power lies in the body of citizens who can elect people to represent them. It is a controversial topic. Some people say...
