Tag Archives | Use

Use of Machineries: Advantages and Disadvantages | Production | Economics

In this article we will discuss about the advantages and disadvantages of use of machineries in production. Advantages of the Use of Machineries: There are several advantages in the use of machineries — the chief of which are the following: (a) Large-scale production of goods owing to the power of machines to multiply products (e.g., mass production of different varieties [...]

By Nipun S|2017-01-13T05:58:23+05:30January 13, 2017|Production|Comments Off

Use of Computers in Economic Analysis and Forecasting

In this article we will discuss about the Use of Computers in Economic Analysis and Forecasting. Introduction to Computer: Computers are now-a-days often used in making complicated investment decisions. As we add more branches to the decision tree, we reduce our ability to analyse problems quickly. However, the rapid development of sophisticated computer equipment has increased the usefulness of computer-based [...]

By Samia Rekhi|2016-05-16T07:44:20+05:30May 16, 2016|Articles|Comments Off