Category: Economics Study Notes

Introduction; The theory of the firm is concerned with how the production process is organized such as the scale or size of units. In discussing scale or...

These are institution which stands between surplus spending unit and deficit spending units. These are institution which acts as a goal between transferring funds from those who...

 – Is the study of how the government or public sector pays for or finance expenditures through taxes and borrowing .Public finance adapts and applies the fundamental...

Money refers to anything of value which is generally acceptable by the whole society to act as a medium exchange. Money is accepted not for its own...

It is the transfer of public sectors or enterprise to the private sectors. It is the selling of the government owned enterprises to the private sectors. Parastatal...

Definition: Is the total flow of income obtained by individual in an economy within a year.                                 OR            -Is the total value of all the expenditure...

DEFINITION; -Environmental economics refers to as a form of progressive economics trying to account for various forms of market failure to better market in the future and...

Trade cycles can well be called Business cycles. It means the rise and fall in the level of economic activities in an economy over time. Trade cycle...

INTRODUCTION The economic structure of Tanzania is the topic/ concept which explain and analyze economic aspects which form Tanzania economy and features of Tanzania economy. The structure...

Employment refer to the condition in which a resource (especially labour) is actively engaged in a productive activity usually in exchange for an explicit factor payment(such as...