Abstract Whenever the word ‘poverty’ pierces our eardrums, our brain instantly conceptualizes it as a paradigm of “lack of money”, almost without any hesitation. Undoubtedly,
Category: Economics
Don’t be ignorant… Know your economy well!!!
Impact of Afghanistan’s current situation on Global Trade
Introduction Afghanistan is a landlocked country between Central and South Asia. The country’s nominal GDP was around $21.7 billion in 2018 and it comes under
Transformative Learning in Business Education
Transformative learning in business education for a regenerative economy. Transformative Learning Background The Sustainable Development Goals Report 2020, published by the United Nations Department of
Oil Crisis due to the Russian-Ukraine War
Oil crisis in the world has drastically increased post Russian invasion over Ukraine. This article attempts to give a prism view to the overall Oil
Mobile Money Service Provider
Mobile Money is a a form of digital money. As the name suggests, this e-money can be used via cell-phone. An individual needs to have a bank account linked with their mobile number to make transactions using the phone.
Time-path of Fossil Fuel’s Price- A Math Eco article
The article is trying to explain the price time-path of fossil fuels. The Dynamics of Monopoly (1924), written by G.C. Evan and cited by Alpha W. Chiang in Elements of Dynamics of Optimization, deserves the credit. The mathematical model works around Euler’s equation with vertical transversality conditions. The consideration for the time horizon was successful after verifying a lot of environmental journals and articles. According to most environmentalists, by 2030 the fossil fuels shall be exhausted.
Consumer Behavior Concerning Fast Fashion
The purpose of this case study is to understand the fashion consumption pattern of rational consumers. This compact case study is a hybrid of different branches of social sciences. We bring in variables to understand the behavioral decisions of a rational consumer behind choosing a fashion-clothing brand. The study utilizes theoretical and empirical analysis to conclude and infer the results.
Demographic Distribution can affect Social Welfare?
Demographic Distribution Demographic distribution is the spatial pattern of the dispersal of populations into several agglomerations according to various factors. Several factors can affect the
Economika 2023 Call for Chapters
Economika 2023 presents Socio-Cacophony, a walk down the social issues lane. We invite researchers, scholars, professors, and professionals to make some knowledge contributions to our
Lifestyle Inflation
Lifestyle inflation is not a new term to an economist or anybody who has taken up economics during their coursework irrespective of whether the student
Shadow Banking & its investment perspective
Shadow banking refers to credit intermediation being conducted outside the regular banking system. This article focuses on the scope of shadow banking along with its
Child Abuse – The Megan’s Law
Child abuse is any kind of ill-treatment of a child. According to the latest reports, India witnesses 53% of child abuse cases every year. Out
Religious and Identity groups determine poverty?
Abstract According to the literature, poverty is affected by different categorical variables such as gender, geographical area, education, religious groups, etc. However, this article focuses
Women in Higher Education: A West Bengal Case Study
Abstract Quality education is important for a woman to build a strong personality to work and live in an increasingly competitive world. Higher education is
Sharing Economy: A complement or a substitute?
Introduction With technological revolution across the globe, there has been a growing emergence of various aggregators in industries like transportation, tourism, and hospitality industry who
Economic Growth Since 1950: A Brief History
In some capacity or the other, we have thought about why living standards vary across different countries. Why are some countries rich and some extremely
Introverts and E-commerce: Creating a demand-pull?
Introverts and e-commerce are the two focus words of this article. E-commerce is a virtual marketplace where goods or services are bought and sold over
COVID 19 killed our economy or Is It Reboot-able?!
COVID 19 has stabbed our Economy. The world has stopped, interest rates tending zero and GPD growth rate has already dropped below zero. Our economy
Education Does Not Guarantee Income Opportunities
People spend huge expenses on their college education with the expectation of high-income opportunity. However, recent research proved that educated people also fell below the
Income Inequality in India – using Lorenz Curve
Income Inequality is a term that defines the income distribution pattern in a country or economy among its citizens. If the range (highest income minus
Food delivery apps – A case study analyzing the trend
Food delivery apps and online food delivery services are the new emerging trend of the 21st century. With the increased utilization of technology, reshaping the
Cashless Economy is Leading Us Towards Slavery?
Cashless Economy A cashless economy is where the cashless payment system is employed. It means that banks do not use cash anymore. Every transaction is
Socialist Economy is creating a Stockholm syndrome?
A Socialist economy, as we all know, is an economy that is under the control of the authorities. Here, the government is responsible for the
Disinvestment in India is a good Strategy?
Privatization and disinvestment mean the shrinking of the welfare state. If one examines the achievement of the PSEs by the yardsticks they expected to achieve, one would observe that many of these objectives have at best met with limited success.
Sustainable Development Goals and COVID-19
Sustainable development Goals, there are 17 goals as such, but they are sometimes overlapping, sometimes intricately linked, so it becomes difficult to discuss them separately.
Parkinson’s Law: Procrastination or productivity?
Parkinson’s law is spoken about since 1955, especially in the corporate world. But lately, it has lost its essence, as we have started to normalize
Women Empowerment: Diversity, Unity, Equality?
Women empowerment and gender equality started after India became a sovereign state in 1947. Constitution of India from article 14 to 16 guarantees equal rights
Industrialization and the big development push!
Industrialization is the major driving component of the major developed country of our world. This article is devoted to developing a theory of how industrialization can gradually divide it into core and periphery. Production firms tend to cluster in regions with greater demand.
Will Diaspora affect the social well-being?
Diaspora and development has swung back and forth like a pendulum. India has the largest Diaspora population with, 18 million people living outside their homeland
Academic Research can brighten student’s career!
The National Education Policy (NEP) 2020 report released by the government recently provides some light at the end of the tunnel. Ecofunomics has pledged to provide knowledge services to one and all. We have readers spread across 70+ countries. We shall give you an international platform to broadcast your research work and subject skills
