Decision-making and creating business strategies are huge parts of running a successful business. In the business world, there are different ways to make decisions. When it comes to Nash Equilibrium, it is a process of making decisions where the company tries to find the best possible outcome. It’s used by …

In a market where there are only a few firms, each firm has the power to influence the market and the prices of its products. The decisions made by one firm will have an impact on other firms in the market. An oligopolistic market is not as efficient as a …

When it comes to goods and business operations in a country, certain organizations dominate the scene. These are known as multinational corporations (MNCs). MNCs are large companies that have their origins in one country but operate in many other countries as well. They usually have a network of subsidiaries and …

Fiat is a Latin word that translates to “it shall be” or “let it be done.” Fiat money or Fiat currency is a common term used to describe a government-issued currency that is not backed by a physical commodity. It lacks intrinsic value, and its value is based only on …

Every industry has a different level of competition that it faces. The level of competition that an industry experiences is determined by the number and size of firms in the market, the similarity of products, and the ease with which new firms can enter the market. Monopolistic competition is a …

A recession is a significant decline in economic activity spread across the economy, lasting more than a few months. It is visible in industrial production, employment, real income, and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country’s …

The Solow Growth Model is a neoclassical model of long-run economic growth set within the framework of classical economics. It is named after noble prize winner Robert Solow, who first developed the model in the late 1960s. It was meant to analyze the changes in the level of output in …

Starting in June 2022, the Federal Reserve began a program known as Quantitative Tightening (QT). It is a process through which the Fed shrinks its balance sheet. For most people, the news may not sound like a big deal. However, it is crucial to understand how it impacts the economy. …

It can be tough to know how to invest for stagflation. This type of economy is characterized by high unemployment, slow economic growth, and inflation. In this blog post, we will discuss some tips for protecting your money during these tough times. What is the definition of stagflation? Stagflation is …

The 1970s were a tumultuous time. Economic recession, high inflation, and political unrest combined to create a perfect storm known as stagflation. This economic phenomenon was unique at the time and has not been seen since. Or has it? In this blog post, we will explore the possibility of stagflation …