Five principles that forms the foundations of finance These five principles guide the financial managers in the creation of value for the firm’s owners or the stockholders. As you will see while it is...

Brief History of Economics Economics is a social science that studies the production, distribution, and consumption of goods and service. The word’s ‘economics’ is from the Greek word ‘oikos’ ( house )...

The asset of Stock. Goods are sometimes sold at the same price at which they bought, but this is not usually the case. Normally they are sold above cost price, the difference being profit; sometimes, however,...

Human wants differ in different places and at different times. The normal wants of an average Englishman are not the same as those of an average American.  Similarly , our wants today are different...