In a typical scenario, we cannot produce an infinite amount of two goods. Instead, we must decide the set amount we should produce of...

In our everyday lives, we see some level of inequality when we look around. Some people have bigger houses, while some people have...

Volatility is a fundamental concept in the world of investing, often discussed in the context of stock prices and market movements. For...

There's so many metrics one can look at when evaluating a stock. But don't you wish there was a metric that could show you how volatile a...

Scarcity is a term that gets thrown around plenty in economics. In economic theory and decision-making, scarcity is one of the most...

In finance and economics, the term "sunk cost" gets thrown around quite often. Whether we are discussing businesses, stocks, or everyday...

Investment banking is a specialized sector within the finance industry that focuses on providing a range of financial services to...

When we have two forces at play, nature tends to balance them out. This is what we know as harmony, when neither of two forces at play...

In our extremely globalized world, exchange rates and currency fluctuations play a crucial role in the global economy. These rates...

Different types of cycles help us understand rhythms and patterns of processes. For the business cycle, we can see the different patterns...

Behavioral economics is a unique field/study of economics that blends insights from psychology with economic theory to understand how...

Fiscal policy is a fundamental aspect of economic management, utilized by governments to influence a nation's economic activity. Through...

Monetary policy is a crucial tool used by central banks to manage a country's economy. It involves the control of money supply and...

There are so many different types of investments for people to buy nowadays. From stocks to real estate to gold, there are so many...

Have you ever seen the share price of a company decrease randomly? I once saw Google being in the $2,200+ share price range, and then one...

We've talked about progressive taxes and their implications in society. We've also already discussed regressive taxes and how they...

Taxation is a critical tool used by governments to fund public services and infrastructure. However, not all tax systems are designed to...

Progressive taxes are a fundamental concept in the world of taxation and economics. They are designed to impose a higher tax rate on...

After our discussion on microeconomics and its functions in the economy, you should already have a basic understanding on some econ...

We know that there are many economic topics that are covered when learning the subject. However, many topics are divided into...