An Inquiry into the Nature and Causes of the Wealth of Nations , one of Adam Smith’s masterpieces which until […]
Author: Tony Prasetiantono
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 […]