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Economy
What is the difference between microeconomics and macroeconomics – with examples
What is the difference between microeconomics
and macroeconomics
In this article, as briefly as possible, what is the difference between macroeconomics and microeconomics. Some economists believe that understanding these differences is…
Six New Year Resolutions for Traders in 2023
The year 2022 is coming to an end, and the time has come for a fresh start in 2023. The end of the year is a great time for traders to review their 2022 trading performance and reflect on how they’ve fared in the market. To take advantage…
Five steps to reduce trading risks
For many of us who currently work in the Forex business, the word “risk” has become simply a term we’ve learn to live with on daily basis. But for many others, risk is a synonym of fear, especially when it comes to money issues.
That is…
Positive and normative economics
Positive and Normative Economics: Briefly Explained in Simple Terms
To understand the objectives of economic policy, it is necessary to know what positive and normative economics mean and how they differ.
The content of the article:…
A new look at economic theory
We are given the ability to communicate to facilitate the exchange of information and improve our lives.
Words are the connecting links of this process. Each word has its specific meaning and is a carrier of information. Only the correct…
GDP structure of Saudi Arabia
Factors that determine the structure of GDP on the example of Saudi Arabia
Saudi Arabia is included in the group of highly profitable countries. In 2018, Saudi Arabia ranked 20th in terms of GDP with $659.66 billion. Let us consider the…
Minstrel cycles
1. Are there Minstrel cycles in the US economy? Mitchell's substitution of Minstrel cycles for "business cycles".
The deep economic crisis and depression that engulfed the world economy in 2008-2012 once again confirmed the fact of the…
The Basics of Forex Trading
Forex trading has been around since the 1970s but with the advancement of technology, and the advent of online trading platforms across the years, its popularity has been growing exponentially. This can be evidenced by the topic of Forex…
The problem of interaction between technological and economic transformations
The article deals with issues related to the research paradigm independent of technological and economic transformations. The author concludes that under modern conditions the process of technological innovation cannot be fully incorporated…
What drives long waves?
Kondratiev approached the explanation of the great cycles from the point of view of the equilibrium theory. It was not the Marxist philosophical approach that turned out to be his support, but the mechanistic concept: simplifying reality…