Economics: The New Era-Definition and Criticism: Economic analysis

By Mazedul Islam

Economical definition and explanation and some theory specially Internal Value of Money (IVM), Methods, Need, Present value/valuation, Money Print, etc. and Criticism of Macro and Micron considering new era, Economics Definition: "Economics (from the Greek οίκος oikos], 'house', and νομος nomos], 'rule', hence "Economics is a science that discusses, analyzes and solves the eternal or non eternal needs of human behavior ." MazedulComponents: In economics, there are four kinds of components. A) Land B) LaborC) CapitalD) Organization I propose to add the below mentioned component: E) TalentUnlimited wants and Limited assets: It is true figure of economics but I disagree with it.Mid develop-ism: Capitalism, Communism failed to control the world mid level might do that.Internal value of money: Since, Money is a main part of economics, foreign exchange rate is counted and GDP, FE Rate, Inflation Rate etc. could be maintained through mechanism by wrong way.GDP, FE, Inflation rate is maintained through bad mechanism. To keep a special quantity as reserve in bank FE Rate and inflation rate might control and no one could doubt on this matter. But the value of daily goods is higher then higher. No one get doubt. Everyone thinks this happens due to population growth but this is not actually true. Govt. Printing money when they need. This printing money reduces the value of money. Thus Internal Value of Money determination urgent to get the legal feature. Money Print: How much money will be printed this year? Determination needed. IVM may determine the amount to be printed. Present Value/Valuation: Economics counts its asset value on historical method. But to get actual figure of GDP, FE Rate etc. Present value or valuation is very necessary like internal value of money. Education System: The value of economics in the market.Zero Economics to maintain due to negative economics point. Since goods have a life cycle and it has end so Zero Economics to be maintaine

• Format: Paperback
• Language: English
• ISBN: B08NWWYH67
• ISBN13: 9798567639054
• Release Date: November 2020
• Publisher: Independently Published
• Length: 50 Pages
• Weight: 0.18 lbs.
• Dimensions: 0.1" x 6.0" x 9.0"