Role of Mathematics in Economics

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989 Introduction Traditionally, application of mathematics had been restricted to the physical sciences, and the theories in the social sciences had been neglected, but in these days we notice that mathematical economics is flying high. We also observe that the articles on mathematical economics[…]

Social Security – Problems and Solutions

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989 Introduction Social Security-officially called old Age, Survivors and Disability Insurance (OASDI), is the biggest social welfare and Insurance program of the United States. It was begun in 1935. In the beginning, this program was like a private insurance system. In which individual would[…]

Foreign Debt and it’s impact on Developing Economies

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989  Introduction In this age of rapid growth and development in every walk of life, it is very difficult, rather impossible for a country to finance all of its development expenditures with its own resources. Therefore, to cover up the gap between its expenditures[…]

Effect of Retailing Industry & Wal-Mart Inc. on American Economy (1973-1982)

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989 Introduction Macroeconomic variables keep on changing and these events constantly make news. Price, interest rates, output and employment rise and fall. The economy can face either the inflation or the recession or the combination of both known as stagflation. Eleven times in this[…]

Urban Transportation Problems in Pakistan

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989 Introduction Urban transportation has become a major concern of Pakistani’s life and public policy. There is no doubt that Pakistanis are becoming urban people, more and more people are migrating towards urban areas. The roads of Pakistan have become over populated and congested.[…]