What Triggers Economic Recession: Definition, Causes, and Impact on Society

Economic Recession

In measuring the development and progress of a country, of course the main reference or indicator is how much economic growth is. Meanwhile, the level of economic growth can be seen from the value of the Gross Domestic Product (GDP) in the country. If the GDP is low and continues to decline for months, it can trigger an economic recession . What … Read more

Introduction to Microeconomics: Definition, Theory, Objectives and Scope


Are You looking for references on microeconomic theory? That’s right, sometimes there are still many people who can’t tell the difference between micro and macro economics. Even though the study of this theory will often be encountered by us when studying economics. In order to get to know and understand more about the study of the … Read more

Understanding Accounting and Its Importance in Business


For some people, the science of accounting is related to the calculation system, but the fact is that accounting is a process that is not simple. What is accounting? What is the definition and understanding of accounting according to some experts? Sinaumedia will review it here. This knowledge is quite widely used in daily applications, especially related to business … Read more

How to Calculate Working Capital?

How to Calculate Working Capital

Working capital is the company’s ability to pay current liabilities with current assets . Working capital is an important measure of financial health because creditors can measure a company’s ability to pay off its debts within a year. Working capital represents the difference between a company’s current assets and current liabilities. The challenge is to … Read more

From Mudharabah to Ijarah, Get to Know the Principles of Islamic Banking

Principles of Islamic Banking

Islamic banks are banks that carry out their activities based on Islamic law (Islamic principles). This bank is also called an interest-free bank. Why not, in raising funds this bank does not provide interest in return and in loans are not subject to interest. In carrying out its activities, this bank is based on Islamic religious principles … Read more