How price of anything is set?
The answer to this complex question is simpler than you might think. Do you think a business can charge whatever price it wants, to get… Read More »How price of anything is set?
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What are our real earnings when we deposit money in our savings accounts?
If I asked, “What’s the interest on your savings account?” many of you will tell me the interest rate that the bank is stating. However,… Read More »What are our real earnings when we deposit money in our savings accounts?
We hear this word so much in news, but what exactly is an economy?
Has it ever happened to you while listening to the news that there is some big scary vague thing called the economy that’s just out… Read More »We hear this word so much in news, but what exactly is an economy?
Global economy will slow down in 2022 and 2023. What policy measures the governments should take to get back to growth trajectory?
IMF projects lower global GDP growth of 3.6% for the next two years IMF’s World Economic Outlook report published on April 19, 2022 has predicted… Read More »Global economy will slow down in 2022 and 2023. What policy measures the governments should take to get back to growth trajectory?
What is economics and why should I learn it?
A lot of people think economics is all about money, banks, complicated graphs, and mathematical modeling, but truly speaking it is much more interesting than… Read More »What is economics and why should I learn it?
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