How to define land value? Land value can be defined as the monetary cost of the land. It can be the cost of undeveloped land or a built property but…

Introduction: Urban development is linked to climate change & its effect on climate change is being studied. Various factors which are backbone of urbanisation creates pollution Urban development is defines as…

Ricardo formulates the “law of rent” around 1809 also known as Ricardo theory of rent . The Law of Rent states that the rent of a land site is equal to…

In economics, Theory of Comparative advantage refers to the ability of a party to produce a particular good or service at a lower marginal and opportunity cost over another. Even if one country is…