Macroeconomics tell that twin deficits occur when a particular country has both deficits involving its budget and the value of […]
Business and Economics
Budget Deficit: Types and Causes
In governance and economics, a budget deficit is a situation in which a particular government occurs expenses that exceed its […]
Summary: Causes of the Economic Crisis in Sri Lanka
The government of Sri Lanka officially declared in April 2021 that the country is experiencing its worst economic crisis since […]
Relationship Between Inflation and Unemployment
Inflation and unemployment historically have an inverse relationship. This means that when the inflation rate is high, the unemployment rate […]
Types of Unemployment
According to the Organization for Economic Cooperation and Development or OECD, unemployment is a situation in which individuals who are […]
Stages of the Business Cycle
Modern economies undergo intervals of economic expansion followed by economic recession as indicated by their gross domestic product or GDP. […]
Types of GDP: Nominal GDP vs Real GDP
One of the macroeconomic indicators used to measure the economic performance of a particular jurisdiction is its gross domestic product […]
The Business of Amazon: What Exactly Does It Do?
Amazon is the largest online retailer and one of the most recognizable brands in the world. However, it is not […]
Reasons IKEA Is Affordable: A Concise Explainer
A sizeable number of shoppers around the world love IKEA. This is not because of hype or a strong loyalty […]
SWOT Analysis of IKEA
The Swedish-founded and Dutch-headquartered multinational conglomerate IKEA has become one of the most recognized brands in the world thanks to […]
