Every market may contain uncertainty due to the inflation prevalent in the country. Usually, inflation increases, impacting investment strategies for investors. Investors around the world aim to invest in assets that can help protect against the rise in inflation in their respective countries. Therefore, they also contemplate their investment strategies …

To maintain a sustainable economy, many countries have implemented quotas that limit the volume of goods imported into their country. These import quotas generally serve three main purposes: to protect domestic industries from foreign competition, to safeguard public health and safety, and to preserve scarce resources. Without these quotas, a …

Supply and demand are a major part of any market, and equilibrium quantity is the point where the two forces balance each other out. This point of balance reflects the amount of a good or service that a market will produce and consume at any given time. The equilibrium quantity …

Mostly in manufacturing businesses, the Law of Diminishing Marginal Utility plays a major role, as it helps to answer the question of how much more a customer will be willing to pay for an additional unit of a product. It states that the satisfaction or utility derived from consuming one …

In economics, there is a concept known as “inelastic demand.” This term refers to a situation in which consumers are not very likely to change their behavior when it comes to purchasing a particular product. For example, people need food to survive, so the demand for food is considered inelastic. …

In every economy, for every community or group of people, there is always a need for certain basic goods and services that we collectively agree everyone should have access to. These needs are met through the production of public goods. Public goods are those that are non-excludable and non-rivalrous in …

In microeconomics, the point of diminishing returns is a concept that refers to a point after the optimal level of capacity is reached. It refers to a situation where every added unit of production results in a smaller increase in output. The point of diminishing returns is often used as …

With the inflation numbers rising these days, one would think that the consumer expectation of future inflation remains high. A recent article published by the Federal Reserve Bank of New York just pointed out the opposite: consumers expect inflation to decrease in the future and the risk of deflation …

Household debts are common in today’s society. While some debt is necessary, such as for a mortgage or education, too much debt can be crippling. While there are many reasons for this high level of indebtedness, one of the main culprits is the increasing cost of living. In addition, wages …

Debt distress refers to a country or a government entity’s inability to repay its debt obligations. This may be due to many factors, including economic recession, political instability, or poor fiscal management. A country in debt distress is typically unable to borrow new funds and may be forced to default …