Author: Taylor Emma

A senior editor for The Mars that left the company to join the team of SenseCentral as a news editor and content creator. An artist by nature who enjoys video games, guitars, action figures, cooking, painting, drawing and good music.

General Concepts

National Income & Measurement

Definition of National Income The total net value of all goods and services produced within a nation over…

August 31, 2021 · Taylor Emma

General Concepts

Circular Flow Model of Economy

Circular flow model is the basic economic model and it describes the flow of money and products throughout…

August 31, 2021 · Taylor Emma

General Concepts

Nature of Macroeconomics

Macroeconomics is basically known as theory of income. It is concerned with the problems of economic fluctuations, unemployment,…

August 31, 2021 · Taylor Emma

General Concepts

Investment Under Uncertainty

Uncertainty is defined as a situation where there is a possibility of differing outcomes. For example, in an…

August 31, 2021 · Taylor Emma

General Concepts

Discounted Cash Flow Techniques

Discounted cash flow techniques consider time value of money and are therefore also known as modern techniques. Net…

August 31, 2021 · Taylor Emma

General Concepts

Investment Under Certainty

Capital Budgeting is the process by which the firm decides which long-term investments to make. Capital Budgeting projects,…

August 31, 2021 · Taylor Emma

General Concepts

Transfer Pricing

Transfer Pricing relates to international transactions performed between related parties and covers all sorts of transactions. The most…

August 31, 2021 · Taylor Emma

General Concepts

Pricing Strategies

Pricing is the process of determining what a company will receive in exchange for its product or service.…

August 31, 2021 · Taylor Emma

General Concepts

Monopolistic Competition

Monopolistic competition is a form of market structure in which a large number of independent firms are supplying…

August 31, 2021 · Taylor Emma

General Concepts

Market Structure & Pricing Decisions

Price determination is one of the most crucial aspects in economics. Business managers are expected to make perfect…

August 31, 2021 · Taylor Emma