Every country of economics condition has to move toward good time and poor time. In the short, by economics we can watch condition of country which can helpful to determine about poor or good time for investors. An economics is large set of sectors interconnected economic study of tables and charts, statistics and numbers of production, exchange, distribution, human behavior and consumption of goods, services of a country or other area. Human have to needs two type. One is primary needs which includes everyday such water, food, air, clothes etc. Secondary needs such as feels, entertains, etc. all of the secondary & primary related factors connected to economic.
Suppose that, we know more about our country economic and its primary factor. We can imagine some time about next future like import & export, demand, demand against supply, etc. for example Suppose, You know about fundamental of Coal by studied economic of our country so, you can also expect future of it like day to day, Coal & oil demand increasing and supply and production limited for us. Coal & oil price will hike. Also investors use to determine local sector through weather cycle like rainy, summer production and more demand and supply
Words of economics are demand, supply, prices and Quantities. Here many sectors and factors related to Economics of country which interconnected each other
Primary Sectors: - In this theory, all factors are basics of production of raw materials such as coal, steel, oil, corn, iron etc
Secondary sector: - Involves the change of raw such as manufacturing steel into cars, or textiles into clothing.
The GDP - Gross domestic product of a country is evaluated of the size of its economics and GDP only includes economic activity for which money is exchanged.
Everyday Exchange of stock market direct or indirect connected to economics of country.
How will he measures of good or poor economics?
Unemployment – (Unemployment rate is used in economics studies and its index)
GDP (Gross of domestic products) – it is nation income and outcome for given country’s economics.
Consumer Demand – personal expenditure for human.
Interest Rate – Rate of interest is fee on the borrowed capital. Bank need to borrow money bad circumstance economic or requirement.
Government Debt – Central bank, Federal bank etc.
Rate of inflation – Rising into prices which WPI is calculates by government on Thursday.
Balance of trade - Exports and imports
Best way to know about economics of any country by watching news channel and proper channel of broadcasting.
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