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International Economics

What is Absolute Advantage? 

January 10, 2023EcoholicsLeave a Comment on What is Absolute Advantage? 

If you’ve ever taken a course in International Economics, you must have undoubtedly heard of the concept of absolute advantage.  …

Tagged Absolute Advantage, Comparative Advantage, Comparative Economics, ecoholics, International Economics
Monetary Economics

Understanding The Basics of Monetary Economics

September 29, 2022EcoholicsLeave a Comment on Understanding The Basics of Monetary Economics

What is Monetary Economics? The field of economics known as “monetary economics” focuses on the various competing theories of money. …

Tagged affect the price level, employment, GDP growth, Indian Economic service exam, indian economics, Inflation, International Economics, maximum sustainable employment, Monetary Economics, price stability, rate of inflation, Understanding The Basics of Monetary Economics
The Global Financial crisis of 2007–2008

The Global Financial crisis of 2007–2008

September 28, 2022EcoholicsLeave a Comment on The Global Financial crisis of 2007–2008

It took years for the financial crisis of 2007–2008 to develop. By the summer of 2007, financial markets all across …

Tagged beginning of the financial crisis, financial crisis, financial crisis of 2008, International Economics, Recession, The fall of Lehman brothers

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