By Steve Ong | July 07, 2010 Wherever we go, economics is everywhere all over the world and it can be located in all major continents around the globe. This begins in domestic up to global approach. In my own opinion, economics is a social science. There are several branches of economics to deal with and these… Read More »
By Dave Ouellette | Submitted On February 19, 2009 One of the easiest rules of thumb in “teaching personal finance for kids” is to give them a quick lesson in the “value of money” and compound interest using the “Rule of 72”. The “Rule of 72” is a basic and simple way of explaining compound interest to your… Read More »
By John F Sase | Submitted On April 18, 2015 “Our basis of knowledge for estimating the yield ten years hence of a railway, a copper mine, a textile factory… amounts to little and sometimes to nothing,” British Economist John Maynard Keynes wrote, “If people are so uncertain, how are decisions made? They can only be taken… Read More »
By Lamara Qoqiauri |October 03, 2008 Scientific works in the theories of finances and credit, according to the specification of the research object, are characterized to be many-sided and many-leveled. The definition of totality of the economical relations formed in the process of formation, distribution and usage of finances, as money sources is widely spread. For example,… Read More »
By Daniel Franka | Submitted On June 04, 2007 To understand economic indicators, we must understand the ways in which economic indicators differ. There are three major attributes each economic indicator has: Gross Domestic Product (GDP) (nominal and real) (for the entire nation or per individual) Index of Leading Indicators Gross national happiness (GNH), a new concept relating… Read More »
By: Ron Kaye If you ask anyone in the finance world what they think about investing or trading penny stocks, the answer that you will probably get will be: “Don’t do it. You will lose your money since 90% of penny stock companies are scams. penny stock companies just want to sell shares and are… Read More »
By Nabeel Kattakath | Submitted On April 18, 2006 Poverty is treated as WMD (weapon of mass destruction) of modern world. Eradication of it bears very importance. The economic systems like capitalism and communism have presented number of instruments for the alleviation of the poverty from the world. But, these extreme ideologies failed to satisfy the need of… Read More »
By David Cassell | September 30, 2010 If you are interested in the way people choose to use certain resources in order to produce various goods as well as services, then the best program to take is an online economics degree. The work of an economist varies depending on the sector he is working on. Generally, they are… Read More »
By Sam Vaknin | February 18, 2005 “It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at.” –Ludwig von Mises Economics – to the great dismay of economists – is merely a branch of psychology.… Read More »