Categories
Economics

PUBLIC FINANCE

Public finance is an aspect of economics which deals with government revenue and expenditure. A public finance involves a detailed […]

Categories
Economics

DEFLATION TYPES AND EFFECTS

Deflation refers to a persistent fall in the general price level of most goods and services. Since price falls, the […]

Categories
Economics

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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Economics

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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Economics

QUANTITY THEORY OF MONEY

Quantity Theory Of Money This theory in its earnest form states that an increase in the quantity of money would […]

Categories
Economics Government

THE PRINCIPLES OF COMPARATIVE COST

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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Economics

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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Economics

SERVICE INDUSTRIES

Meaning of Service Industries The service industries involve the provision of services to business as well as to final consumers. […]

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Economics

MANUFACTURING AND CONSTRUCTION IN NIGERIA

Manufacturing industry refers to the turning of raw-materials into new products by mechanical or chemical processes at home (cottage) or […]

Categories
Economics

The Nigerian National Petroleum Corporation (NNPC) and Organization of Petroleum Exporting Countries (OPEC)

The Nigerian National Petroleum Corporation (NNPC) In order for government to strengthen and establish its control in the oil industry, […]