National Debt: Meaning and Types
National or public debt refers to the sum total of debts owed by the government of a country both internally and externally. The debts...
Public Finance: Objectives and Functions
Public Finance deals with the financial activities of government concerning revenue, expenditure and debt operations and their effects on the economy. It tries to...
Unemployment in Nigeria: Causes & Solutions
Unemployment in Nigeria is the situation whereby some people who fall within the ages of the working population, capable and willing to work, are...
Basic Concepts of Economics Explained
The various basic concepts of Economics include:
Wants
Wants simply means the desire or need to own goods or services that give satisfaction. Human beings want...
Economics: Meaning and Various Definitions of Economics
Economics like other social science subjects has no specific definition. As there are many Economists, so there are many definitions of the subject-Economics. These...
Rural-Urban Migration: Causes, Consequences and Solutions
Rural-Urban Migration is the movement of people from the countryside or villages to cities or towns. Rural-urban migration is a reaction to some of...