In mathematics, the factorial of a non-negative integer n is the product of all positive integers less than or equal to n.
0! = 1
as an instance of the convention that the product of no numbers at all is 1. This fact for factorials is useful, because
* the recursive relation (n + 1)! = n! \times (n + 1) works for n = 0;
* this definition makes many identities in combinatorics valid for zero sizes.
o In particular, the number of combinations or permutations of an empty set is, clearly, 1.
You can go to the link below for more info on Empty Product in Maths:
http://en.wikipedia.org/wiki/Empty_product