by Marjan Arbab | Mar 18, 2014 | Development Economics, Economics, Macroeconomics, Microeconomics, Production
A shot summary of Malthus Food Crisis: Thomas Malthus (1766-1834) published An essay on the Principle of Population which was considered to be the most influential book of its era. Where Matlhus has its central point over the law of diminishing Returns. A law that... by Marjan Arbab | Jan 21, 2014 | Development Economics
Economic Growth Takes Place when There is Increase in the national Income of a Country Or Increase in Country’s Productive Capacity To understand the concept of Economic Growth, we use many tools like that of the Production possibility Curve. Let us first...