Human – The Only Economic Being on the Earth

To human the prime issue, as a biological being, is to maintain own life like any other animal or bird. By meeting some basic needs (like fresh air to breath, water to drink, foods for nutrition) this target is obtained. But, for human, as a social and civilized being, earning the livelihood doesn’t carry less importance than only living like a bird or a deer. Human is not only a nature dependent but also a society dependent being. The human society, through individual and organization level interactions, innovate and uphold the process of translating natural resources to

Theory of employment or theory of Unemployment

Higher employment (or lower unemployment) rate is good indicator of the macro economic health of any country and that is desirable to any government, economic analyst, even to a commoner. But ’employment’ is not an economic problem, rather the problem is ‘scarcity of employment opportunity’ that is unemployment. So unemployment covers more economic discussion than employment. To reach the optimum level of employment economic theorists always quest for reasons, types, and others notion of unemployment.