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Uses of Indifference Curve MBA Economics Notes

Uses of Indifference Curve MBA Economics Notes

Uses of Indifference Curve Suppose you have a budget of Rs. 10 per week. You can spend your money on potatoes at Rs. 2 per kg or tomatoes at Rs. 1 per kg or on some combination of the two. The consumption opportunity line or budget …
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Indifference Curve Properties MBA Economics Notes

Indifference Curve Properties MBA Economics Notes

Indifference Curves Each point in the diagram stands for a basket of meat and ghee (cooking oil) A, B, C, D are all baskets among which a certain consumer is indifferent. All give equal utility. These points and all others on a smooth curve connecting them …
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What Is Curriculum Definition & Meaning

Define Curriculum The word curriculum is taken from a Latin word “chariot” which means a race course. According to concise Oxford Dictionary, it is defined as a course of study. Tanner and Tanner (1980); P.3G have traced the history of curriculum definitions. According to them, the …
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Importance of Science Education

Importance of Science Education

When we come to today’s civilization, we see that we could not exist without science. Indeed science has made possible large sources of energy, elaborate machinery, modern agriculture, rapid transportation and so on. Science makes possible so many things on which modern civilization depends, like automobiles, …
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What is Capitalism, Types, Advantages & Disadvantages of Capitalism

What is Capitalism Capitalism is that part of economic systems where productions are owned and managed by private individuals and institutions. Or it is economic individualism wherein the individuals are the one to decide what and how much to produced and distributed. They are at liberty …
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Making Students Assessment or Evaluation Less Boring

Making Students Assessment or Evaluation Less Boring

Students and staff can all find assessment very boring. The following set of suggestions may serve as a menu from which you can choose, to add variety and even fun to staff and student assessment. Select those choices that you feel are appropriate to your working …
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9 Qualities of a Good Teacher Essay | Traits of a Good Teacher

9 Qualities of a Good Teacher Essay | Traits of a Good Teacher

The good teacher of modern era has a lot of pressure and responsibilities. And only those teachers can fulfill their responsibilities who are dedicated have natural zeal, and training. In the profession of teaching, good teacher should have some good teaching qualities in order to perform …
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Information Technology & Emerging Organizations

Information Technology & Emerging Organizations

Information technology is changing the style of the businesses. Business operations, customer services, product designs and marketing strategies are heavily depending upon information technology. The computers, which are supporting this function, can be found on the desk, on the shop floor in the store or even …
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List of IAS & IFRS | International Accounting Standards

List of IAS & IFRS | International Accounting Standards

International Accounting Standards Board (IASB) The International Accounting Standards Board (IASB) is an autonomous body. The main function of IASB is to develop and approve IFRSs. The board came in to being in 2001 and replaced the IASC.  International Financial Reporting Standards Foundation The International Financial …
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International Economic Relations themselves are Political Relations

International Economic Relations themselves are Political Relations

International politics may be defined as “the pattern of political interaction between and among states.” Interaction in the international system ranges from conflict to co-operation. At one extreme is pure conflict as when the interests of non-state actors are opposed. If one actor realized its goals, …
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