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BLOG » Economics » Page 2

Economics

ECONOMICS IN EVERYDAY LIFE: BEYOND THE BOOKS

by Ushashi Adhikary

ECONOMICS IN EVERYDAY LIFE

When the word ‘Economics’ is thought about, what generally comes in mind is GDP, production, unemployment, central bank and government’s measures to sustain or support the economy. A common misconception is that economics is applied only at the macro level, that is to say, the economy of nations, the world economy and by corporate firms […]

Filed Under: Economics

Amartya Sen: Biography and Contributions [Capability Approach]

by Saanjh Shekhar

Amartya Sen: Biography and Contributions

In this article, I’ll be exploring the life of the famous economist and philosopher Amartya Sen. I will be tracing his life through his publications and teaching career. His work on famines, the capability approach and choice of technique has been looked at in brief. His opinion on politics, in general, has also been noted down, to […]

Filed Under: Biography, Economics

Difference between Formal and Informal Organizations

by Mayumi Nongrum

the key differences between formal and informal organizations with simple examples

This article highlights the key differences between formal and informal organizations with simple examples In order to understand the difference between formal and informal organizations one first needs to know what an organization is. Firstly, an organization is made up of a group of people who are working together to achieve certain goals. These organizations […]

Filed Under: Basic Concepts, Economics, Introduction to sociology

What is Green Economy? Here’s a Simple Explanation

by Meera

GREEN ECONOMY MEANING AND OVERVIEW

A green economy is defined as low carbon, resource-efficient and socially inclusive economy which aims at reducing environmental risks, managing ecological scarcities and aims for sustainable development without harming the environment. Basically, a green economy is driven by the desire to achieve growth in employment and income through investment which ensures that the infrastructure and […]

Filed Under: Climate Change, Economics, Environment, Environmental Sociology

What is Development Studies? Everything You Need to Know Here

by Arushi

development studies explained

Development studies (DS) is an important field of study for anyone looking forward to working in the social sector. It encompasses a political, social, economic and technological outlook to issues faced by developing countries. This article covers the history of the field followed by a few theories of development. Further, it discusses multiple disciplines within […]

Filed Under: Basic Concepts, Development Studies, Economics, Social Science

Types of Leadership Styles (With Examples) and Qualities of a leader

by Saanjh Shekhar

Leadership

Read this article to learn about Leadership Types and Qualities of a leader A good leader is very imperative for any team. The world has had its fair share of some great leaders including Nelson Mandela, Mahatma Gandhi, Abraham Lincoln, Che Guevara, Margaret Thatcher, and many more. However, we must note that none of them […]

Filed Under: Basic Concepts, Civil Services, Economics

What is Sustainable Energy? and Sustainable Forms of Energy

by Meera

Sustainable-energy-Example

The concept of sustainable energy, which is also sometimes referred to as ’alternate energy’ comes under the wider concept of sustainable development which includes four major interconnected domains such as Ecology, Economics, Politics and Culture. As we know, our planet is witnessing a huge increase in the population every year. With the increase in the […]

Filed Under: Climate Change, Economics, Environment

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