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The difference between Economics and Business Economics?   Economics is a branch of sociology concerned with the development, distribution, and use of goods and businesses. It focuses on how individuals, companies, states, and countries make asset allocation decisions. Aspects of Economics are concerned with human behavior, based on the assumption that people behave rationally while seeking the greatest degree of benefit or utility. The investigations of work and trade are the structure squares of economics aspects. Since there are so many different ways to use human labor and so many different ways to obtain money, it is the duty of economics to find out which is best.   Macroeconomics , which focuses on the general state of the economy, and microeconomics, which focuses on particular individuals and organizations, are the two most common divisions of economics. Economics is the study of how individuals distribute scarce resources for production, distribution, and use, both individu

Introduction to Indian Contract Act, 1872   The Indian Contract Act sets out the authoritative rights that the people of India have been given. It provides contracting meetings with rights, responsibilities, and commitments to drive them to effectively close business-from routine daily exchanges of life and demonstration to worldwide organizations. On 25 April 1872 [Act 9 of 1872], the Indian Contract Act, 1872 was passed and thus came into force on the primary day of September 1872. On that of English Common Law, the quintessence of the India Contract Act has been shown. A significant field of exploration is the degree of changes made in the Act according to Indian conditions and its versatility for the Indian economy. In such a way, it is important to remember that there have been no revisions since the passage of the Act, and therefore the law that was created in 1872 is still perfect. In any event, these are comprehension inquiries that not only depend on the substance of the Statu

Linear Regression and Correlation: Paper-3 of the CA Foundation Correlation is a calculation in the account and venture businesses that determines how far two defenses shift according to each other. Relationships are used in the executives' cutting-edge portfolio, known as the relation coefficient, which has a value that must fall between 1.0 and + 1.0.0.   Correlation is a metric that determines how often two variables change according to each other. In addition, the correlation will measure the creation of inventory with that of a benchmark file, such as the S&P 500. Correlation estimates affiliation but does not indicate whether x causes y or the other way around, or whether a third, maybe inconspicuous, factor causes the affiliation.   A correlation or simple linear regression analysis can decide if the two numeric variables have a significant correlation. A correlation analysis offers details about the intensity and direction of the linear relationship between two variable

What is the difference between Economics and Business Economics?   Economics is sociology that deals with the production, dispersion, and use of products and businesses. It focuses on how decisions on how to distribute assets are decided by individuals, organizations, governments, and countries. Aspects of economics focus on people's behaviors, in the light of expectations that individuals show level-headed actions when searching for the most ideal degree of gain or utility. The framework squares of aspects of economics are the function and trade investigations. Since there are numerous potential utilizations of human work and a wide range of approaches to get assets, it is the assignment of economics matters to figure out which strategies yield the best outcomes.   Aspects of economics can typically be divided into macroeconomics, which focuses on the overall conduct of the economy, and microeconomics, which focuses on separate individuals and organizations. Economics concerns ar

  Indian Contract Act 1872 || CA CPT - Foundation Law |  Mercantile law In this Lecture, you will learn about:- Indian Contract Act 1872 and What is the Mercantile Law? Mercantile Law:- Mercantile Law means the law which regulates our Trade and Commerce is called Mercantile Law. Commercial law, also known as mercantile law or trade law, is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising trade, and sales. It is often considered to be a branch of civil law and deals with issues of both private law and public law. This Lecture Consist of 3 Mercantile law. Which Areas Follows. Chapter of Mercantile Law. Indian Contract Act Sales of Goods Act Partnership Act. Browse Full Video for Brief Knowledge on Mercantile Law. You Can Also Visit Our Website www.takshilalearning.com For More Detail For This Course. For more details Follow Us on Our Social Handles. Join Us on Facebook...  https://www.facebook.com/t

Income Tax: Types, and Concept of Income Tax is the necessary budgetary charge demand by the legislature on salary, ware, administrations, exercises, or exchange. The word ‘charge’ got from the Latin word ‘Taxo’. Assessments are the essential wellspring of income for the administration, which are used for the government assistance of the individuals of the nation through government approaches, arrangements, and practices. In India,  Income Tax  was first time presented in the year 1860 by Sir James Wilson so as to meet the misfortune caused by virtue of ‘military revolt’ in 1857. In the year 1886, a different Income Tax Act was passed, this demonstration was in power for quite a while, subject to different corrections every now and then. In the year 1918, another Income Tax Act was passed, however, once more, it was supplanted by another new demonstration of 1992. The Act of 1922 turned out to be convoluted because of different corrections. This demonstration stays in power to the eval