In this article, we will explain the first and probably the largest flaw in the calculation of unemployment rate i.e....
If economist Karl Marx were alive today, he would have famously proclaimed that his assertion was correct. He once famously...
The definition of inflation has undergone a subtle change across the ages. Economists earlier used to define inflation in a...
The word deflation has an extremely negative connotation in economic circles. Modern day economists portray deflation as the situation which...
What is Deregulation and how does it Work ? Deregulation is the phenomenon wherein governments signal their intention to leave...
Like price elasticity of demand, price elasticity of supply is also dependent on many factors. Some of these factors are...
Quantitative easing is an alternative way that modern central banks have invented to prop up the economy in a short...
As Safe As Houses! “As safe as houses”, this phrase is often used in our society. A house is supposed...
Real Estate markets are extremely complicated. The price movements in this market are usually slow and difficult to come by....
Gross domestic product (GDP), this is a term which is familiar to pretty much anybody who has ever read any...