Notes

IF WE SEE IN OUR DAY TODAY LIFE THEN WE COME TO KNOW ABOUT THAT WE ARE SURROUNDED BY OPPORTUNITY COST IN EACH AND EVERY STIMULUS OF OUR LIFE. AT EVERY FRACTION WE TAKE DECISION OR WE CHOOSE SOMETHING SO AT THE OTHER SIDE WE LOOSE SOMETHING WHICH IS EQUALLY IMPORTANT BUT WE DON'T HAVE THE CHOICE IN BETWEEN. HENCE, THE OPPORTUNITY COST KNOWINGLY OR UNKNOWINGLY PLAYS A SIGNIFICANT ROLE. IN THE SAME WAY IF WE SEE AROUND THERE ARE LOTS OF CONCEPTS OF ECONOMICS WE ALREADY GONE THROUGH BUT WE ACTUALLY DON'T KNOW HOW IT WORKS. JUST LIKE THE VELOCITY OF MONEY, THE DEMAND, THE SUPPLY, THE INCOME AND IT'S MANAGEMENT, THE INVESTMENT ETC. ARE FEW CONCEPTS WHICH ANYBODY KNOW WITHOUT LEARNING THESE THINGS BUT ECONOMICS IS THE SUBJECT WHICH EXPLAIN YOU THAT HOW IT COMES AND WHAT IS THE VALUE OF IT IN THE MARKET AND THE GROWTH OF THE COUNTRY/NATION.
AS WE HUMAN CHANGE WITH A SITUATION THE MARKET DID THE SAME THING. IT CHANGE AS THE ECONOMICAL ACTIVITIES CHANGE. SO LET'S STUDY THE DEPENDENCE OF MARKET AND HUMANS ON THEIR RESPECTIVE ACTIVITIES.
* MAJOR MARKET FORCES => Supply and Demand, Speculation and Expectation, International Transactions, Governments, ETC.
* MAJOR HUMAN FORCES => INCOME, AVAILABILITY OF RESOURCES,