According to Robbins, economics is a positive science but in reality it is not positive science deals with material things, the results of which are certain but economics deals with human behavior which is uncertain.  Only A Valuable Theory: Robbins has reduced economics merely to the valuation theory.  According to 'Frazer' economics is more than … Read more

Lionel Robbins led on frontal attack on the Marshallian view in the study of economics. The main points of criticism are: 1. Welfare is not measurable. It varies from individual to individual, person to person and age to age. A thing may give pleasure to a person but it may be harmful for the others. … Read more

It was criticized on Adam Smith's definition of Economics by Dr. Alfred Marshall and some other neo classical economists on the basis of following points.  • Man occupies a primary place and wealth only a secondary one. As Marshall puts it, Economics is "on the one side a study of wealth; and on the other … Read more

Definition of Economics by Dr. Alfred Marshall: Economics is a study of mankind in the ordinary business of life. Ordinary business of life: According to marshal we study only the life of ordinary persons, who take part in the economic activities in a normal ways. According to Marshall we study only those things which give … Read more

According to Adam Smith "Economics was concerned with, An Enquiry into the Nature and Causes of Wealth of Nations." As per definition of Adam Smith a key position was assigned to wealth in the study of Economics. The first person who introduced "Economics" as a subject was Adam Smith (1723-1790). He wrote the first book … Read more

A network of computer is a group of inter connected systems that provides sharing services and interacting by means of a shared communications link. Computer networking can provide services and reduce the cost of equipment of an organization. Networking Model may be server based or peer to peer. In server based network model, Server receives … Read more

The database administrator performs a critical role within an organization and is an important and key role in Database Management Systems. The major responsibility of a database administrator is to handle the process of developing the database and maintaining the database of an organization. The database administrator is responsible for defining the internal layout of … Read more

You can change the Computer Name and Domain through the following procedures. Requirement : Domain Administrator Account and Password. Procedures can be applied on Microsoft Windows 2000 Professional and Microsoft Windows XP professional. To Change the Computer Name Right click on My Computer Select Properties. It opens System Properties Dialog Box.  OR You can use … Read more