Monopolistic Market Competition Monopolistic market competition is a type of imperfect competition such that competing producers sell products that are differentiated from one another as good but not…
Market definition with Characteristics and Types Market is a public place where buyers and sellers make transactions, directly or via intermediaries. Also sometimes means the stock market. It is an actual…
Nestle: Good Food, Good Life History of Nestle Nestlé is an international company with its headquarters in Vevey, Switzerland. In 1867 Henri Nestlé, a chemist from Frankfurt who had settled…
Foreign Market Entry Strategy and Rules Foreign Market Entry Strategy and Rules A market entry strategy is the intended process of delivering goods or services to a intention market and distributing…
About Bitcoin About Bitcoin Definition Bitcoin is a digital currency that is not backed by any country’s central bank or government. Bitcoins can be traded for goods…
Black Economy Black Economy is the segment of a country’s economic activity that is derived from sources that fall outside of the country’s rules and regulations regarding…
Bankruptcy Definition with Causes When an institute is not capable to honor its financial obligations or make payment to its creditors, it files for bankruptcy. A petition is filed…
Theory of Financial Economics Theory of Financial Economics Introduction Financial Economics is a branch of economics that analyzes the use and distribution of resources in markets in which decisions…
Social Welfare Maximization Social Welfare Maximization The Simple Analystics of “Welfare Maximisation” has presented a more thorough and systematic analysis of the problem of social welfare maximisation. It…
Introduction of Economic Policy Introduction of Economic Policy Economic Policy is the term used to describe government actions that are intended to influence the economy of a city, state,…
Introduction of Game Theory Introduction of Game Theory Game Theory is an economical term. It is actually brought about a revolution in economics by addressing crucial problems in prior…
Market Power and Regulation Market Power and Regulation Jean Tirole is one of the most influential economists of our time. He has made important theoretical research contributions in a…