macroeconomic
Hoffman Industry Classification
Huffman Industry Classification Method
Huffman industry classification method is a hierarchical classification method for classifying industries. It is often used as the industry structure of listed companies and it is also a major classification system used by the United Nations.
The basic stru......
03/07/2023 
1020 
Sophia
Employment Multiplier Theory
Employment Multiplier Theory
Employment multiplier theory is an economic concept that attempts to explain the relationship between employment and economic growth. The theory states that an increase in employment leads to an increase in economic output and vice versa. This implies that when a busi......
price consumption curve
Price Consumption Curve
In economics, the Price Consumption Curve illustrates the relationship between price and quantity consumed for a given good or service. It illustrates the concept of elasticity; which reflects the responsiveness of demand to a change in prices. It also shows the change in ......
permanent income theory
The Theory of Sustainable Income
The Theory of Sustainable Income, also known as the 4% Safe withdrawal rate, is a financial strategy developed by retired chemical engineer William Bengen in the early 1990s. It holds that a retiree should withdraw no more than 4% of their Investment portfolios va......
The Theory of Large Agricultural Circular Economy
Circular economy in agriculture
Agriculture is an important part of the economy. Agricultural systems provide food and other products for human consumption and are a major source of employment. In recent years, there has been an increased focus on the development of more sustainable and efficien......
public choice theory
Public Choice Theory
Public choice theory is an approach in economics that applies the theory of rational choice to analyze the decisions of individuals in relation to their involvement in the public and political spheres. The theory asserts that individuals are motivated, above all else, by self......
hourglass theory
Theory of Diffusion and Osmosis
Introduction
The theory of diffusion and osmosis is an important part of biology which explains how molecules move in and out of cells and their environment. This knowledge allows us to better understand how cells interact with their environment, absorb nutrients,......
stages of economic growth
Economic Growth Stages
The economic growth of nations, regions, and cities is traditionally measured and discussed in terms of stages that span from early-stage growth to mature-stage growth. This article will provide an overview of the four stages of economic growth and discuss the factors that ......
point-axis development model
Object Axis Development Model
The object axis development model has become an increasingly popular method of software development. This model was developed to improve the effectiveness of the software development process. It is based on the principles of object-oriented programming (OOP), which f......
economic accounting system
Activity Based Costing
Activity Based Costing (ABC) is a system of accounting that assigns costs to activities, rather than to outputs, in order to assign costs more accurately and fairly. It is a method of allocating overhead and direct costs to products and services, based on the resources they......
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