Ojonugwa Julius Akubo's Blog

I nflation is a continuous or sustained increase in the general price level or cost of living of any economy. Wealth on the other hand could be defined as a state of abundance . From the above definitions we wouldn't be wrong to deduce that the wealth level of any rational consumer in an area has some direct relationship with the inflation rate in that area. This is proposed based on the demand law that states; higher demand as a result of lower price. Conside ring this,its obvious that policy makers must draft out policies that will constantly reduce inflation and relatively grow up employment opportunities else the population of the wealthy in the case country will be definitely growing at a decreasing rate. Inflation is beneficial to a few set in the society with a larger population of the society suffering the negative effect of the inflation. Even wealth distribution is  positively related to lower inflations at such a government that must improve the human centered perspecti...

Market in the first place is any arrangement that provides a medium for exchange or trade between buyers and seller.Market structure in the same temple is simply the number composition of either of the diffrnt market agents(buyers and sellers) in the market and their type of operations. They include;  * Oligopoly: here there are few firms in the market dominating the market share majority together.  *Oligopsony:here there are many producers with relatively few consumers compared to the number of producers. *Duopoly: is when only two firms exist in the market and they both control the market share together.  *Monopoly: here there is only one producer of a particular product which gives the producer opportunity to influence price at will.  *Monopsony:its the opposite of monopoly,its when there is only one buyer or consumer of a particular product with many producers in the market.  *Monopolistic competition: this is synonymous with competitive market.there are ma...

The Keynesian concept defines investment as a process of adding to existing capital stocks. In other words investment is a process of acquiring assets be it fixed or capital. Investment process is an attitude that should be on the minds of any success oriented personality. But its so unfortunate that so many people lack the insight as to the benefits of investment culture. This is why people complain of financial problems even after years of gainful employment. Investing is a process that requires time and at such you must you must be ready to endure the time it will take for you to start reaping the fruits. It could be inform of buying shares (fixed investment) or inform of buying goods designed to be used in making other goods (Inventories) . It could also be inform of purchasing or building infrastructures and other form of properties (Residential investments). If you must make it financially and economically you must be ready to invest.

Gross domestic product popularly known as GDP is the measure of the total output produced within a country at a particular period of time usually one year. It excludes all income from abroad be it from foreigners or citizens but includes all income earned by both foreigners and citizens living in a country. Gross Domestic Product is a broad topic but we shall be restricting our views to the three measurement methods that can be used in measuring GDP 1 OUTPUT METHOD OR VALUE ADDED METHOD: The differences between the sales values and the values of the intermediate goods used in the production are added together to get the GDP. For example the difference between the value of a loaf of bread and the flour used in making the bread is the value added to the flour. It's such values that are added to give the GDP in this method. 2.EXPENDITURE METHOD: This method aggregates all expenditures on domestic goods and services including investments, government demands, net export and consumpti...

A Business proposal is a written offer from a seller to a prospective buyer so it must be written in a way that will captivate and meet the desires of the customer.  Knowing that ywants you would have to conduct a thorough research on your customer . This will help you answer your customer's questions well hence making your proposal acceptable and convincing.  Also in writing a business proposal,it must be written to project what the customer's want and not just what you want to tell them. For example a business proposal to a bank must be able to generate more customers hence you would be joking. So also you must first consider the need of customers before proposing any business to them.  In summary a bussines proposal deservs a good background reseach to be officially a d externally acceptable.

Every living personality desires a successful life of having a buoyant and fat pulse for personal  use and also for helping others but we lack means of  actualizing this dreams . We shall be giving you some little tips needed to actualize your dream of a fat  pulse. start thy pulse to fattening. i.e to say you must first cultivate a saving habit control your expenses by budgeting based on needs and not just want make your gold multiply  by cultivating a habit of investing guard your treasures from loss i.e you must invest wisely make of your dwelling a profitable investment; learn to use your profits for capital projects insure a future income (futuristic saving ) increase your ability to earn by learning new things

Islamic banking is a system of banking that is based on the sharia laws also known as the Islamic laws. The Islamic banking as guided by the Islamic economics is operated based on two major principles * The sharing of loss and profit and, *The prohibition of the collection and disbursement of interest as is not permitted in the Islamic law The worlds first full fledged Islamic bank was and is the Dubai Islamic Bank established in 1975 Its major advantage is hinged in the fact that it protects borrowers from paying any form of interest on some kind and types of loans. So the borrowers just pay a little sum of money as gratuity to the lenders. While on the disadvantageous side all activities under this system of banking are based on Islamic Morales since its principles are from Islamic laws therefore it exempts investments in some kind of commodities like investment on alcohol, pork and some other materials.