Economics

Economics of information, or information economics, belongs to the field of microeconomics and it studies the importance of information in Economics. It is the study…

Liability Matching is that the practice of attempting to project the precise timing of money needs, particularly outflows, by an investor then making capital allocation…

Cultural Economics investigates and analyses the contribution to and role of the creative industries and their products and services in the overall economy. It is…

A front-end load could be a commission or sales fee charged when an investment is purchased. It’s expressed as a percentage of the quantity invested.…

A back-end load is defined as a commission or sales fee that investors pay once they sell their investments. It will be a flat fee…

The words training and development are mostly used together in the corporate world and are seen as activities focused on improving the knowledge, performance, and…

Monopoly A monopoly means the sole power of dealing with any commodity. It refers to when a company and its product offerings dominate a sector…

E-wallet is a type of electronic card which is used for transactions made online through a computer or a smartphone. A digital wallet is also…

The Community Exchange System (CES) is a community-based exchange system that provides the means for communities to trade and exchange their goods and services, both…

A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather…

Capitalism is an economic system in which private individuals or businesses own capital goods. The capitalist sharing economy is a way of purchasing goods and…

Digital currency is a payment method that exists only in electronic form and is not tangible. It is a balance or a record stored in…