Economics Posts

 Basic Accounting Notes:

  1. Basic Accounting - The Accounting Equation
  2. Basic Accounting - Assets
  3. Basic Accounting - Liabilities
  4. Basic Accounting - Equity
  5. Basic Accounting - Debits and Credits
  6. Basic Accounting - Income Statement
  7. Basic Accounting - Statement of Cash Flows
  8. Basic Accounting - Depreciation
National Accounting Notes:

Comments

Post a Comment

Popular posts from this blog

The Early Life of Karl Marx

Karl Marx was born in a middle income family in Trier Germany on May 5th, 1818. After the Napoleonic wars, Trier became a city under the jurisdiction of the Kingdom of Prussia. The laws at the time required Karl Marx's dad to convert to Christianity and change his name in order to be a  legal adviser at the Court of Appeal in Trier.  From  1830 to 1835, Marx went to  Frederick William High School. 
Read more

Conceptual Analysis

Conceptual analysis is kind of like giving definitions: Conceptual Analysis : A description of constituent properties of a complex property or relation. Some complex property is usually built up of simpler properties. An example of a conceptual analysis is: X is a triangle = df. X is a shape with exactly three angles and straight lines in Euclidean space. This is more than a definition is picking out some properties of a property. Also, = df. means by definition. Another example: X is a bachelor = df. X is an unmarried man. Here a conceptual analysis is: Non-circular, the analysis refers to properties that aren’t the same thing as itself. It tries to include everything it intends to include and exclude what it intends to not exclude. It tries to pick out the properties that do this. (It’s not possible to have one condition without the other). Conceptual analysis helps you: Understand reality : reality contains things with properties, and conceptual analysis picks out properties...
Read more