In this article, we mostly focused on gaining a better understanding of the Hebrew economy and the main concepts that make it up. When…

Paradox of value: In economics, a paradox is a scenario in which the variables reject the theory’s fundamental principles and assumptions and act in…

Monopolistic Competition and Economic Efficiency will be discussed in this post. We’ve covered the following topics in our monopolistic competition post series. Monopolistic competition…

In this post, we will discuss the monopolistic competition equilibrium. The following topics will be the focus of our discussion. How do you find…

Monopolistic competition assumptions will be discussed in this article. The monopolistic competition market structure can consider as a combination of perfect competition and monopoly…

This is an Introduction to Macroeconomics. What is macroeconomics? Macroeconomics is a study of the economic system as a whole. It focuses on overall…

The functions of commercial banks can be divided into three main parts. Primary FunctionAgency ServicesGeneral Utility Services Functions of Commercial Banks Primary Function of…

There are 3 basic questions of economics. What to produce? how to produce? and for whom to produce? These economic questions arise because of…

Is Microsoft an oligopoly? Microsoft and the Oligopoly must first be identified separately before identifying whether Microsoft is an oligopoly. Do you know microsoft…

Balance of Payments records a country’s value of the transactions between its residents, businesses, and government with the rest of the world for a…

Before focusing on Project Analysis, you need to get an answer to what a project is. There are various definitions of what a project…

Economics was initially presented as a science of state craft. That means it focuses on the connection of government revenue as a whole about…