CIRCULAR FLOW OF INCOME There is a constant flow of inputs and outputs as well as income among the different […]
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Category: Economics
Free Economics online learning lesson notes and videos for Secondary school and High school students. The lesson notes, videos and interactive slideshows are built on curriculum that is designed to meet national and international O’ Level standard for Senior High School or Senior Secondary school students (SS1, SS2, SS3 or SHS1, SH2, SH3) and Grade 9, Grade 10, Grade 11 and Grade 12 students.
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In using this method, account is taken of all the income received by individuals, firms and government within a year […]
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NATIONAL INCOME ACCOUNTING
National income accounting may be defined as the ways or means of computing or determining the money value of the […]
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DEVELOPMENT BANK
A development bank is a bank specifically established to provide long-term finance (loan) for various development projects, which help to […]
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THE STOCK EXCHANGE MARKET
THE STOCK EXCHANGE MARKET The stock exchange market is a highly organised capital market which provides facilities for the buying […]
HOW FUNDS ARE ALLOCATED TO LG, SG, AND FG NIGERIAN GOVERNMENT REVENUE ALLOCATION The Nigerian government financial system operates a […]
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The Budget and National/Public Debt
A budget may be defined as a financial statement of the total estimated revenue and the proposed expenditure of a […]
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GOVERNMENT EXPENDITURE
GOVERNMENT EXPENDITURE Government expenditure refers to total expenses incurred by the public authorities at the federal, state and local government […]
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GOVERNMENT REVENUE
STRUCTURES OF GOVERNMENT REVENUE Public revenue refers to the total income that accrues to the government of a country from […]
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TAX– features and types
Tax is a compulsory levy imposed by the government or its agency on individuals and firms or on goods and […]