Basic economics

Business Driven Dream on Instagram: “How To Profit From An ECONOMIC Collapse... - The original version of this comes from @rvn_finance and is mostly based on the stock market…”

✅ 7 Types of Demand in economics are Price, Income, Cross, Individual and Market, Joint, Composite, Direct and Derived demand.

Traditional economics views humans as robotic machines who make calculated decisions based on logic. In contrast, behavioural economics views humans as irrational and emotional beings who ar…

Posts about Economics 101 written by PiigstyEditor

The Cost of Education is Rising Much Faster than inflation Estimated Cost of Education in 2021

A graphic to show what's going on in the world of importing and exporting.

The most basic concept in economics is (duh!) the 4 factors of production – the component parts of the entire economy. An understanding of these is VITAL! Heres the PDF PIIGSTY Econ 101 #1 F…

This is examples Macroeconomics vs Microeconomics attempts to analyze the differences between the two most important branches of Economics viz .

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What is standard of living? It basically accounts for the financial health of a person;

A yield curve is a graph that plots the interest rates, at a point of time, of the bonds with the same credit quality but varying maturity dates.

Fiscal policy and monetary policy play an important role in the economy in uncontrollable situations.

Inflation is a continuous rise in the general price level of goods and services over

A one-minute video explanation of deflation. Now as a consumer, you might think it's a good thing that prices are going down but deflation can end up becomin...