A current account deficit is a situation in which the value of the goods and services a particular country imports […]
Economics
Measures and Categories of Money Supply: M1, M2, M3
The money supply represents the total amount of money or all the currency and other liquid instruments circulating in an […]
Twin Deficits 101: Fiscal Deficit vs Current Account Deficit
Macroeconomics tell that twin deficits occur when a particular country has both deficits involving its budget and the value of […]
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 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 […]
Investing In The Stock Market: Pros And Cons
The stock market provides individuals and institutions with one of the ways to build wealth or meet their medium-term to […]
Pros and Cons of Globalization
The advantages and disadvantages of globalization can be analyzed and understood by looking through its three main dimensions: economic, political, […]
What Is Pareto Optimality?
Pareto optimality is a concept of efficiency promoted by Italian sociologist and economist Vilfredo Pareto. Also known as Pareto efficiency, […]