All about economy on the web

Economic theory of politics is an analytical model which assumes that politicians are vote maximizers and voters are utility maximizers.
Each voter is assumed to support the political party that will provide him with the highest degree of utility when it is elected.
Politicians, motivated by self-interest and the desire for public office, formulate policies which will [...]

As exampled by the work of Nassau William Senior (1790-1864), and English economists John Stuart Mill (1806-1873) and John Maynard Keynes (1883-1946), economic methodology is the process by which economics is explained: the philosophy of science applied to economics.

In the 19th century, British economists examined the premises of economic theory, arguing that the verification of [...]

IT management is gaining on it’s meaning and it’s getting more and more functions. But not many people know what exactly are IT management functions. More or less people just think:”IT management, ok, they fix computers…” ; but they are as wrong as they could be. Fixing computers is not IT management function at all! [...]

Economic liberalism refers to the maximum role of markets and competitive forces in an economy.
The state’s role is limited to the establishment of the necessary framework in which markets can operate and to the provision of services which private enterprise cannot provide.
Written by: Bizavings
Learn more about economy in “About Economy” section.
Did you find what you [...]

I will talk about basic functions of a business organization in this article. Many people say there are 3 basic functions of business organizations, others say there are 4 basic ones, I say it all depends on the definition of the word basic. There are so many functions of business organization and it all depends [...]