The macroeconomic objectives of an economy are the goals that a government or central bank seeks to achieve in order to promote economic growth, stability, and prosperity. These objectives can be explained as follows: 1. Economic Growth: Economic growth refers to an increase in the production of goods and services in an economy over time. […]
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Managerial economics is a branch of economics that applies economic principles and methods to business decision-making and forward planning. It emerged in the early 1950s, with the publication of the book ‘Managerial Economics’ by American economist Joel Dean. The main aim of managerial economics is to help business firms make the best use of scarce
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Abstract: Nepal is a country located in South Asia that is home to a diverse range of natural and cultural attractions. The tourism industry in Nepal has great potential to contribute to the country’s economic growth and development. However, there are also several challenges that need to be addressed in order to fully realize the
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1. No Poverty: The goal is to eradicate extreme poverty in all its forms everywhere by 2030. This includes reducing the number of people living in poverty and providing support for the most vulnerable populations. 2. Zero Hunger: The aim is to end hunger, achieve food security and improve nutrition, and promote sustainable agriculture. This
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Introduction Natural resources are productive resources that are provided by nature free of charge. They are also called natural capital. Natural capital is as important as physical and human capital for the overall development of a country. Natural resources include land, climate, forests, water, minerals, etc. Natural resources can be renewable or non-renewable, depending on
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Introduction to Nepalese Economy Nepal, a small nation with a Hindu-majority population, is located between India and China, with the Himalayas to the north. It is considered to be one of the world’s least developed countries, lacking significant resources for economic growth. The economy is heavily reliant on importing basic materials and exporting forest and
Hi there! Thank you for coming by. This article has the answers to the Set I of the 5-sets collection of the Global College of Management. The 5 sets consist of some of the most important questions for the NEB exam of grade 12. If you practice and understand the questions included in the 5
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Foreign Employment Situation in Nepal Foreign employment in Nepal refers to the migration of Nepalese workers to other countries for employment purposes. It has become a significant source of income and livelihood for many Nepalese households. The majority of Nepalese migrant workers are employed in countries in the Middle East, such as Qatar, United Arab
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Hi there! Thank you for coming by. This article has the answers to the Set II of the 5-sets collection of the Global College of Management. The 5 sets consist of some of the most important questions for the NEB exam of grade 12. If you practice and understand the questions included in the 5
Economics Set II (GCM) Read More »
