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Pakistan's industrial sector accounts for approximately 19.12% of GDP. [69] In 2021, it recorded a growth of 7.81%, compared to the negative 5.75% in 2020. [ 74 ] The government is privatizing large-scale industrial units, and the public sector accounts for a shrinking proportion of industrial output, while growth in overall industrial output ...
Pakistan's population of children not in school (22.8 million children) is the second largest in the world after Nigeria. [12] According to the data, Pakistan faces a significant unemployment challenge, particularly among its educated youth, with over 31% of them being unemployed.
On 12 April 2018, the police said that Rakesh Kumar, who leaked the class 12 economics paper, had leaked class 10 mathematics paper also. [40] Consequently, the Central Board of Secondary Education has put in place a system of "encrypted" question papers, which are supposed to be printed by the schools half an hour before the exam starts. [41]
The Five-Year Plans for the National Economy of Pakistan (Urdu: اقتصادی منصوبہ جاتِ پنج سالہ ، پاکستان) (otherwise publicly known as Five-Year Economic Plans for the National Economy), were the series of nationwide centralised economic plans and targets as part of the economic development initiatives, in the Pakistan. [1]
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
The fixed rate for a 15-year mortgage is 5.84%, down 12 basis points from last week's average 5.96%. These figures are lower than a year ago, when rates averaged 6.95% for a 30-year term and 6.38% ...
Aug 27, 2023; Atlanta, Georgia, USA; Xander Schauffele plays his shot from the sixth tee during the final round of the TOUR Championship golf tournament at East Lake Golf Club.
Economics classes make extensive use of supply and demand graphs like this one to teach about markets. In this graph, S and D refer to supply and demand and P and Q refer to the price and quantity. The following outline is provided as an overview of and topical guide to economics: