What Is Laissez-Faire Economic Theory?
Jessica Allen2021-07-20T14:12:46-04:00The laissez-faire economic theory centers on the restriction of government intervention in the economy. According to laissez-faire economics, the economy ...
Human Capital: What It Is and How It Impacts the Economy
Jessica Allen2021-06-15T10:19:30-04:00"Human capital" is a phrase used to refer to the economic value of the qualities and abilities of labor that ...
What Is Adverse Selection?
Nikolay Krylovskiy2021-06-08T10:21:20-04:00What Is Adverse Selection? Adverse selection is a term that describes the presence of unequal information between buyers and sellers, ...
What Are Trade Barriers?
Nikolay Krylovskiy2021-06-07T18:13:55-04:00What Are Trade Barriers? No matter how large or how rich a country is, their manufacturing industries will need to ...
Understanding Consumer Sovereignty
Nikolay Krylovskiy2021-06-07T16:55:44-04:00Understanding Consumer Sovereignty The idea that consumers influence production decisions is called consumer sovereignty. Consumers effectively "vote" for the goods ...
What Is a Duopoly?
Nikolay Krylovskiy2021-06-07T22:20:09-04:00A duopoly is a market structure that is dominated by two firms, while a pure duopoly is a market where ...
Exploring the Economics of Trade Between the U.K. and the U.S.
Nikolay Krylovskiy2021-04-09T23:17:43-04:00The United Kingdom has a G.D.P. of $2.62 trillion, which translates to about 4.4 percent of the total global economy. ...
Identifying Speculative Bubbles and Its Effect on Markets
Nikolay Krylovskiy2021-05-26T11:49:46-04:00Identifying Speculative Bubbles and Its Effect on Markets Speculation plays an interesting role in economics and one that drastically affects ...
Consumer Confidence Compared to Q2 Job Growth
Nikolay Krylovskiy2020-09-11T13:24:38-04:00Consumer Confidence Compared to Q2 Job Growth Since WWII, nothing has caught global attention and heightened economic fears quite like Covid-19. Many ...
Arbitrage Price Theory vs. Capital Asset Pricing
Nikolay Krylovskiy2020-09-11T14:06:12-04:00Arbitrage Price Theory vs. Capital Asset Pricing Risk is inevitable for all types of assets, but the risk level for ...