this article saying about two methods used by economists for studying economics. Inductive method and deductive method.
this article describe briefly about different types of economies in the world and their major functions. when you are a new to economics it is easy to understand.
Inside the April jobs report, an analysis of the minute dots.
Investment strategy for summer doldrums and central bank policy.
Investment and economic data are like a page full of random dots. The trick is to know which dots matter most, and how to connect them.
"Destiny is no matter of chance. It is a matter of choice. It is not a thing to be waited for, but a thing to be achieved." -- William Jennings Bryan
The bad governance and looting tendencies of the political stakeholders could make an economy vulnerable- Bangladesh is the example.
A poem about the bleak ecological future humanity faces due to excessive consumerism
A lot has been written about how and why we spend money.Why some of us are spendthrifts and others misers.Well there is a huge interregnum of consuming behaviour that is scientific and calculated and also irrational and devoid of thought.This tends to bundle all in one sane bundle th...
This article looks at the sub-prime/adjustable rate loan con game and it's application to the cities, states and countries of the world. Coming to your world soon! What are Austerity Laws? They are the signal for action.
Cross elasticity of demand can determine if a monopoly exists or not. If the demand for a product is greater than one, then there is the opportunity that consumers will take their business elsewhere and the firm has less control of the market.
What is “Gross Domestic Product” (GDP), and how is it determined each month? What does the term “Recession” mean and how do we know when one occurs? How does government intervene to move the economy out of a recession?
Self-interest stimulates our economy because people are different and have different interests to pursue like education, work, commercial goods, and religion.
Putting up a retail store is one big decision you need to make. It is one big step towards your economic condition in life.
I really dislike sounding inflammatory. Saying that things are going to go terribly wrong runs a risk of being classed with those who think the world will end in December 2012 because of something Nostradamus or the Bible says, or because that’s what the Mayan calendar predicts.
The United Nations estimate approximately 7.5 million pregnancy-related deaths, including maternal deaths, newborn deaths and stillbirths occur annually. This is 50% more than the annual deaths from Aids, tuberculosis, and malaria combined. These numbers are staggering, and unnecess...