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Sustainable development and the environment : an aspect of development
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ISBN: 3954891530 3954896532 9783954896530 9783954891535 Year: 2014 Publisher: Hamburg, Germany : Anchor Academic Publishing,

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The survival of man depends on the physical environment. The use of the environment has increased in order to satisfy the needs of men. Therefore, human negligence and collective actions for economic gains have put the environment at a disadvantage.Many of the natural ecosystems have been interfered. This has been through encroachment on forest reserves, degradation of wetlands, uncontrollable expansion of agricultural land leading to soil erosion and soil exhaustion, overgrazing and burning of grasslands leading to bear soils that are susceptible to erosion agents. A sustainable situation occ


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Microeconomics: An Aspect of Development
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ISBN: 3954895943 9783954895946 9783954890941 3954890941 Year: 2015 Publisher: Anchor Academic Publishing

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Human beings have basic wants, and naturally, they are not self sufficient. Therefore, they have to produce and exchange what they do not have with those who do have it. Right decisions have to be made in regard to the quantities produced and the prices that will be charged by firms. This is done through the demand and supply theory. In most economies, supply and demand face a lot of challenges. Supply challenges range from small firms with structural supply rigidities to huge firms who act as monopolists and cartels and charge consumers exploitative prices. These challenges affect the trading position of several economies in the international trade. Demand is rapidly increasing due to the rapid world increase in population. This study analyzes the firms' decisions, the supply and demand of a commodity, the price of a commodity and the way the mentioned variables are affected by small economic groups and individuals.

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