In this world, countries, regions and even continents are able to function as economies, serving the role to transform resources into...

During my recent visit to the United States with my mother to visit relatives and friends, I was surprised to hear that many have been...

Thailand is one of the world’s most prominent tourist destinations. It hosts famous cities like Bangkok, Phuket, and Pattaya. Each of...

Situated amidst 2007-2009, The global financial crisis (GFC) refers to a catastrophic collapse in the global financial market that led to...

Monetary Policies hold a strong role in influencing the level of interest rate in an economy, combatting against the undesirable outcomes...

Amidst the ebb and flow of economic tides, one steadfast cornerstone remains — the banking sector. Need to borrow some money to purchase...

Elasticity is a fundamental economics concept that refers to the measure of the responsiveness of quantity demanded or quantity supplied...

(Mark Shannon, 2021) Have you ever spent a few minutes passionately discussing something you are enthusiastic about, like coffee with...

In the broader subject of economics with micro and macroeconomics, financial economics stands out as an important field of study, with...

The gig economy represents a dramatic reshaping of the labor market characterized by short-term contracts or freelance work. This...

Rent control is a type of price control or law placing a maximum price on what landlords may charge tenants. Price controls refer to...

Gentrification is the social process of higher classed individuals gradually transforming less developed regions to higher socioeconomic...

Income inequality is a widespread phenomenon in society. It indicates how partial income is distributed to different people in a...

"Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with...

Various government policies are being put in place to ensure the economy functions efficiently and the government meets its economic...

In times of economic uncertainty, individuals often adjust their spending habits and become budget-conscious. One intriguing phenomenon...

Digital currencies, also known as Cryptocurrencies, have gained significant popularity over the past few decades through the rise of...

Imagine a world where you are subtly steered towards the right decisions, whether economic or for other motives, not by dumping...

As defined by its name, an open economy is essentially “open” to trade. With limited barriers, most goods can be traded intra- and...

Definition of Foreign Direct Investment (Investopedia, 2024) Foreign direct investment (FDI) is an ownership stake in a foreign company...