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Econophysics is a non-orthodox (in economics) interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynamics. Some of its application to the study of financial markets has also been ...
The announcement of the 2008 Nobel Memorial Prize in Economic Sciences in Stockholm. The winner of the prize was Paul Krugman.. The Nobel Memorial Prize in Economic Sciences, officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (Swedish: Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an award funded by Sveriges Riksbank and ...
Money portal. v. t. e. Complexity economics is the application of complexity science to the problems of economics. It relaxes several common assumptions in economics, including general equilibrium theory. While it does not reject the existence of an equilibrium, it sees such equilibria as "a special case of nonequilibrium", and as an emergent ...
Education in Pakistan is overseen by the Federal Ministry of Education and the provincial governments, while the federal government mostly assists in curriculum development, accreditation and the financing of research and development. Article 25-A of the Constitution of Pakistan obligates the state to provide free and compulsory quality ...
Abdul Qadeer Khan was born on 1 April 1936, in Bhopal, a city then in the erstwhile British Indian princely state of Bhopal State, and now the capital city of Madhya Pradesh. He was a Muhajir of Urdu-speaking Pashtun origin. [14][15][2][5][16] His maternal ancestors hailed from the Tirah Valley (now in the Khyber District of Khyber Pakhtunkhwa ...
In economics, elasticity measures the responsiveness of one economic variable to a change in another. [1] For example, if the price elasticity of the demand of a good is -2, then a 10% increase in price will cause the quantity demanded to fall by 20%. Elasticity in economics provides an understanding of changes in the behavior of the buyers and ...
Physics – branch of science that studies matter [9] and its motion through space and time, along with related concepts such as energy and force. [10] Physics is one of the "fundamental sciences" because the other natural sciences (like biology, geology etc.) deal with systems that seem to obey the laws of physics.
The FBISE was established under the FBISE Act 1975. [2] It is an autonomous body of working under the Ministry of Federal Education and Professional Training. [3] The official website of FBISE was launched on June 7, 2001, and was inaugurated by Mrs. Zobaida Jalal, the Minister for Education [4] The first-ever online result of FBISE was announced on 18 August 2001. [5]