The term economics refers to a science of making logical decisions regarding the use of scarce resources, so as to satisfy the most compelling of unlimited wants. It is many times juxtaposed with the term finance. Finance is defined as the study and management of funds for the purpose of wealth maximization. While economics studies how people, maximize gains from limited resources, i.e. select the best alternative with the objective of maximizing the level of satisfaction. Conversely, finance … [Read more...]
Difference Between Micro and Macro Economics
Micro Economics talks about the actions of an individual unit, i.e. an individual, firm, household, market, industry, etc. On the other hand, the Macro Economics studies the economy as a whole, i.e. it assesses not a single unit but the combination of all i.e. firms, households, nation, industries, market, etc. ‘Economics’ is defined as the study of how humans work together to convert limited resources into goods and services to satisfy their wants (unlimited) and how they distribute the same … [Read more...]
Difference between Biography and Autobiography
The two traditional forms of literature that describe the character sketch and course of the life of a person are biography and autobiography. Biography is the life history of an individual, written by someone else, whereas the autobiography is an expression of a person's life, written by self. Both of these two presents the view of, what happened in the past where the author lived. These are non-fiction books, written in chronological order, tells a story about the person who made a … [Read more...]
Difference between Biodegradable and Non-Biodegradable Substances
We often counter terms like 'biodegradable' and 'non-biodegradable' in a variety of things and products around us. From household items to the food we eat, basically, everything can be labeled in either of the two categories. So, what is this stuff all about and why is it so important to know the difference between them. Content: Shares Vs Debentures Definition Key Differences Conclusion Definition of Biodegradable Substances The term 'Biodegradable' is used for those things … [Read more...]
Difference between CBSE and ICSE Board
The principal difference between CBSE and ICSE education is that while CBSE is a board, ICSE is an Exam conducted by CISCE. CBSE and ICSE, both are most popular school board formats in India and is widely spread across all states. The subjects offered for study are almost same in these two. As far as the education of children is concerned, many parents are curious and at the same time confused to know which board of education will offer quality education CBSE or ICSE. As the educational … [Read more...]
Difference between Lay-off and Retrenchment
The biggest difference between layoff and retrenchment is that layoff is volatile in nature, i.e. employees are recalled, once the period of layoff is over while retrenchment is non-volatile i.e. that involves full and final termination of services. The employment contract is terminated with the employees by the employer, due to three major reasons which are: (i) the organization is going through the lean period, (ii) initial faulty hiring, (iii) employee shows deviant behavior, which affects … [Read more...]
Difference Between Array and ArrayList in C#
What is an Array An array is a sequential collection of similar data that can be accessed as per the "index". It is the simplest type of data structure in which the elements get stored in a contiguous memory location. In Array, index starts at zero, so to access the first element of an array "numarray", it should be written as numarray[0]. Example of Array in C# Output:- 10 20 30 40 50 What is an ArrayList The ArrayList is a collection of objects of same or different types. The … [Read more...]
Difference Between ref and out parameter in c#
ref (Reference) Parameter "ref" parameter is used to pass the value by reference from actual parameter to formal parameter i.e from callee method to the called method. In C#, a parameter declared with a "ref" modifier is a reference parameter. When you pass parameters by reference, unlike value parameters, a new location is not created for this parameter. Any changes made to the formal parameter will reflect in the actual parameter. Example of ref Parameter As shown in the above program … [Read more...]
Difference Between Write and WriteLine
Write Method Write method resides inside the 'Console' class which itself resides inside the System namespace. The Console class provides basic support for applications that read and write characters to and from the console. The write() method outputs one or more values on the screen without a new line character. This means any subsequent output will be printed in the same line. Example of Write() in C# Output: Car Bus Truck WriteLine Method The WriteLine method also resides inside the … [Read more...]
Difference between Windows and Web Application
Windows Application Windows Application is a user build an application that can run on a Windows platform. The windows application has a graphical user interface that is provided by Windows Forms. Windows forms provide a variety of controls including Button, TextBox, Radio Button, CheckBox, and other data and connection controls. You can easily design a web application using an IDE Microsoft Visual Studio using a variety of languages including C#, Visual Basic, C++, J# and many more. Web … [Read more...]