Public finance is an aspect of economics which deals with government revenue and expenditure. A public finance involves a detailed […]
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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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DEFLATION TYPES AND EFFECTS
Deflation refers to a persistent fall in the general price level of most goods and services. Since price falls, the […]
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CAPITAL MARKET
The capital market is made up of financial institutions which deal in long term financing. The capital market provides medium […]
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MONEY MARKET
The money market is a financial market made up of institutions which provide short-term finance for investments. They bring short […]
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QUANTITY THEORY OF MONEY
Quantity Theory Of Money This theory in its earnest form states that an increase in the quantity of money would […]
The law or theory or principle of comparative cost advantage propounded by David Ricardo in 19th Century, states that a country […]
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DOMESTIC AND INTERNATIONAL TRADE
Meaning of Domestic Trade Domestic or internal trade or home trade involve the exchange of goods and services among the […]
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SERVICE INDUSTRIES
Meaning of Service Industries The service industries involve the provision of services to business as well as to final consumers. […]
Manufacturing industry refers to the turning of raw-materials into new products by mechanical or chemical processes at home (cottage) or […]
The Nigerian National Petroleum Corporation (NNPC) In order for government to strengthen and establish its control in the oil industry, […]