Category: ECONOMICS

Fisher Equation: Definition, Formula, Calculation, Example

When it comes to inflation, the Fisher equation is a very important concept. It explains how the interest rates on loans can be different from the rates that people earn on their savings. This is because inflation can make prices go up, which affects the value of money. The Fisher …

How Recession Affects Real Estate: What You Need to Know

A recession affects every industry, and real estate is no exception. In this blog post, we will discuss the ways that the recession would impact the real estate market. We will also provide advice for those who are looking to buy or sell a property during these difficult times. How …

Recession and the Stock Market: Is a Recession Coming?

It is no secret that the stock market and the economy are closely related. When the economy is doing well, the stock market typically does well too. And when the economy is struggling, the stock market usually suffers as well. This has been especially true in recent years, as we …

Economic Recession: Causes, Effects, and Solutions

In economics, a recession is a situation where there is a general slowdown in economic activity. In this blog post, we will discuss the causes, effects, and possible solutions to this problem. We will also look at how the recession affects different parts of the economy. So, without further ado, …

Price Skimming: Definition, Strategies, Examples

Profitability is the primary goal of any business, small or large. To achieve this, businesses employ different marketing strategies to penetrate the market and secure a larger market share. One such strategy is price skimming. It offers short-term high profits while still meeting consumer needs and providing an acceptable product. …

Cyclical Unemployment: Definition, Example, Formula, Causes

In every country’s economy, there was always some unemployment. It’s only natural that when some people are out of work, others are hired to fill their place. But what about when the number of unemployed people is higher than usual? And what if it seems to happen in cycles – …

Unit Elastic: Definition, Example, Demand Supply Curves

If you’ve ever wondered about the term “unit elastic”, you’re not alone. Unit elasticity is a key concept in economics, but it can be confusing to wrap your head around. If you don’t know how it works and why it matters, you will miss out a lot as it is …

How Often Does Inflation Occur?

Inflation is a hot topic in the world of economics. But what is it, exactly? Inflation is defined as a sustained increase in the general level of prices for goods and services. It occurs when the demand for goods and services exceeds the available supply. This can be caused by …