Notes and Study material for Exams
Delving into the Microcosm: A Comprehensive Guide to Microeconomics Microeconomics, a fundamental branch of economics, focuses on the behavior of individual economic units, such as consumers, firms, and industries. It provides a framework for understanding how these units make decisions in the face of scarcity, how they interact with each other in markets, and how … Read more
Artificial Intelligence Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be applied to any machine that exhibits traits associated with a human mind such as Learning and problem-solving. Artificial intelligence is based on the principle that … Read more
DECISION MAKING under uncertainty The area of choice under uncertainty represents the heart of decision theory. Known from the 17th century (Blaise Pascal invoked it in his famous wager, which is contained in his Pensées, published in 1670), the idea of expected value is that, when faced with a number of actions, each of which could give rise … Read more
Purusharth The Hindu scriptures declare four goals in human life and they are called the purushartha. The term purushartha not only denotes what the objectives of life should be but it also means what the objectives of life are as the result of the psychological tendencies of the individual. The purushartha consists of dharma, Artha, … Read more
Subscribe our Channel for Regular Updates [embedyt] https://www.youtube.com/embed?listType=playlist&list=UUNHT8lW-JmLC68rjBfZhdkg&layout=gallery[/embedyt], Videos are a powerful medium that can be used to communicate a wide range of messages. They can be used to inform, entertain, educate, and persuade. Videos can be used to tell stories, share experiences, and connect with people. There are many different types of videos, each … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> and application of PC software packages: definition, Type of software and its Knowledge of Word processing, Spreadsheets and Power point presentation software packages is a set of programs, which is designed to perform a well-defined function. A program is a sequence of instructions written to solve … Read more
The Effective Majority: A Powerful Tool for Understanding and Shaping Collective Decisions In a world increasingly defined by diverse perspectives and competing interests, understanding how collective decisions are made is crucial. While simple majority rule might seem like a straightforward solution, it often fails to capture the nuances of complex issues and can lead to … Read more