New Institutional Economics: Core Concepts and Applications
Chapter 1: New Institutional Economics Fundamentals
(1) New Institutional Economics (NIE) defines institutions as the “rules of the game” in a society that create the framework for human interaction.
(2) These institutions, which include formal rules (written laws) and informal norms (social codes), exist to reduce uncertainty and lower transaction costs by making human behavior predictable.
(3) The “golden triangle” or conceptual trunk of NIE consists of three core concepts: transaction costs (costs
Read MoreCloud Computing, Web 2.0, and Inter-Process Communication
Cloud Computing Fundamentals
Cloud computing is a technology that allows users to store, manage, and process data over the internet instead of using local computers or physical servers.
Key Features of Cloud Computing
- Provides on-demand access to computing resources.
- Reduces the need for expensive hardware.
- Users pay only for what they use (pay-as-you-go).
- Data can be accessed from anywhere with internet connectivity.
Types of Cloud Services
- IaaS (Infrastructure as a Service): Virtual machines, storage.
How IPOs Work in India: Process, Underwriters & Pricing
Understanding the Need for an IPO
A company can change itself from a privately held entity to a publicly traded entity through the process of an IPO.
- Raise capital: Companies IPO to raise money and gain access to liquidity by offering their stocks/shares to the public.
- Regulatory compliance: Companies must abide by the IPO process in India — as stipulated by stock exchanges and the regulator — before their shares are eligible to be publicly traded.
Step 1: Hire an Underwriter or Investment Bank
Read More
Android Development Essentials: Components, Data, and Deployment
ListView vs. RecyclerView: A Comparison
ListView (Legacy Component)
ListView is an older Android component used to display a simple vertical list. It has limited performance and customization and manually handles view reuse.
ListView Example: Layout (activity_main.xml)
(Layout definition for ListView goes here)
ListView Example: Implementation (MainActivity.java)
ListView listView = findViewById(R.id.listView);
String[] data = {“Apple”, “Banana”, “Mango”};
ArrayAdapter<String> adapter =
new
Fundamentals of Organic Chemistry: Isomerism and Nomenclature
1.ISOMERISM:-
The organic compounds having the same molecular formula but having different structural formula or we can say having different physical and chemical properties are called Isomers and the phenomenon is known as Isomerism.
Classification of Isomerism:-
Isomerism are classified into two categories:-1.Structural 2.Isomerism Stereoisomerism (ISOMERISM)
-(Structural Isomerism)-Chain Isomerism, Position Isomerism, Functional Isomerism, Ring- Chain Isomerism,Metamerism, Tautomerism.(Stereoisomerism)
Python Strings and Functions Reference: Methods & Examples
Python String Cheat Sheet
===========================
Python String Cheat Sheet
===========================
Strings are
- Indexed
- Iterable
- Immutable
Indexing & Slicing
———————————–
s = "python"
s[0] -> 'p'
s[-1] -> 'n'
Slicing:
s[start:end] -> s[1:4] = 'yth'
s[:3] -> 'pyt'
s[3:] -> 'hon'
s[::2] -> 'pto'
s[::-1] -> reversed stringImportant String Methods
———————————–
Case
s.
Management Fundamentals: Theories, Skills, and Processes
Management: Art, Science, Roles, and Skills
Management is both an art and a science. As a science, management involves applying theoretical frameworks, principles, and techniques to manage organizations. As an art, management requires creativity, intuition, and experience to make decisions and lead people.
Managerial Roles (Mintzberg’s Classification)
- Interpersonal Roles:
- Figurehead: Representing the organization.
- Leader: Motivating and directing employees.
- Liaison: Building and maintaining relationships.
Strategic Management Frameworks and Core Concepts
Module 1: Strategy and Business Models
| Concept | Key Definition | Levels & Frameworks |
| Strategy | The long-term direction of an organization to achieve Competitive Advantage (doing things differently). | 3 Levels: 1. Corporate (Scope). 2. Business (How to compete). 3. Functional (Execution). |
| Strategy Statement | Vision (The Future), Values (Core principles that do not change), Objectives (Specific targets). | 3 Steps: Understand to Decide to Execute. |
| Business Model | Explains how a firm creates, delivers, and captures |
Geological Structures and Rock Classifications
Folds: Bending of Rock Layers
Folds are wave-like undulations in rock strata. They are most common in sedimentary rocks.
Origin and Mechanism of Folds
Folds originate primarily due to Compressional Stress. When rocks are pushed together, they shorten and thicken.
Ductile Deformation: Folds form deep within the crust where high temperature and pressure allow rocks to bend without breaking.
Tectonic Forces: Major fold belts (like the Himalayas) originate from the collision of tectonic plates.
Classification
Read MoreSocial Inequality and Intercultural Teaching Methods in Primary Education
Comparative Education Systems and Social Inequality
Education systems reflect cultural ideas about who should have access to education and why. The historical development of education in Spain, the UK, and the USA shows different views regarding access, poverty, social responsibility, and inclusion versus exclusion.
Inequality in the UK Education System
In the UK, education was first mainly for the upper classes. Grammar and public schools prepared wealthy children for leadership, while working-class
Read More