An Inquiry into the Nature and Causes of the Wealth of Nations , one of Adam Smith’s masterpieces which until […]
Author: Tony Prasetiantono
Economics Student of Universitas Gadjah Mada, Indonesia.
What is the concept of inflation?
Inflation is one of the main topics in economic studies. The amount of inflation is very influential on the economic […]
The Concept of Deflation and Its Impact on the Economy
In the previous material, we have studied the definition of inflation, its triggering factors, and economic policies to overcome it. […]
Understanding the Meaning of Economic Bubbles
There is a phenomenon in economic studies called economic bubbles or bubble economy . This phenomenon occurs in many countries […]
Concepts of Utilitarianism, Liberalism, Libertarianism, and Socialism in Economic Policy Determination
Concepts of Utilitarianism, Liberalism, Libertarianism, and Socialism in Economic Policy Determination. Determination of economic policy is a classic problem that […]
Getting to Know the Gig Economy Concept
Gig Economy is a term that has recently been booming among the public. The gig economy was born from significant […]
Economic Goods: Definition, Types, and Examples
In economics, there are three types of goods that humans can use to support their survival. The three types of […]
Definition of Embargo, Types, and Case Examples
In short, the definition of an embargo is a prohibition issued by the government in a country to import or […]
Understanding Economic Growth: Characteristics, Factors and Measurement Methods
The economic growth of a country is closely related to the welfare of its people which also becomes a benchmark […]
Kakeibo, Japanese Tricks to Manage Finances
Kakeibo is a Japanese concept art of financial management that teaches us how to save more by reducing the amount […]