Month: January 2021

BASIC TOOLS FOR ECONOMIC ANALYSIS

There are some basic economic tools which you can use to tackle economic problem which are: *Pictogram/Pictograph A pictogram is said to be a chart...

BASIC ECONOMIC PROBLEMS

  Basic economic problem can be defined as the measure of things a producer need to tackle before getting into production.   There are some...

ROLES OF BUDGET IN MODERN ECONOMY

  I. Budgeting is used as a means of raising revenue. II. Budget can be used as a tool for economic planning. III. Budgeting serves...

STRUCTURE OF PUBLIC EXPENDITURE

  Expenditure is divided into capital and recurrent 1. Capital Expenditure: Capital expenditure is regarded as a non-recurrent expenditure. They are expenses incurred from executing...

FINANCE: Meaning, types and uses of Budget

 The Budget is a financial statement made by the government which shows or identifies the estimated government revenue and the government proposed expenditure for the...