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The many ads we see while browsing the Internet have behind-the-scenes economic ramifications.

Digital Advertising, Asymmetric Information and Market Efficiency

On the Internet and social media, we are inundated with digital ads. These advertisements have both demand-side and supply-side economic effects that subtly shape markets and consumption decisions....
4 min read
Economic_development
Definitions

Economic_development

Saddique Ansari • January 28, 2020 • 1 min read

Author bio

What is ‘economic development’?

Development is a process where countries improve the wellbeing of its citizens in a range of areas, including economic prosperity, life expectancy and educational achievement.

The top 20 developed economies in 2017:

  • More on development

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Division of Labour

Workers in the gig economy have lots of flexibility regarding when and how much they work, but what about job and wage security?

The Gig Economy, Labour Market Flexibility and Monopsony Power

Thinking about jumping into the gig economy to enjoy the flexibility of only working when you want to? Economically speaking, you should be aware of the monopsony characteristics of gig platforms!...
4 min read

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