Business

Discover the latest trends in Business.

Milton Friedman Explained

Discover Milton Friedman, the influential economist who championed free markets, monetarism, and limited government. Learn his key theories.

Neoclassical Economics Explained

Discover Neoclassical Economics, the theory viewing the economy through rational actors, supply and demand, and market efficiency. Learn its core ideas.

Understanding Aggregate Demand

Explore aggregate demand, a key macroeconomic measure of total spending, and see how its shifts influence inflation, employment, and economic growth.

Traditional Economy Explained

Discover the traditional economy, a system based on customs, history, and beliefs. Learn how this foundational economic model functions.

Floating Exchange Rate Explained

Discover how a floating exchange rate's value is set by forex market supply and demand, impacting global trade, travel, and economic stability.

Absolute Advantage Explained

Discover Absolute Advantage, an economic theory where one entity can produce a good more efficiently than others. Learn its impact on global trade.

Comparative Advantage Explained

Discover comparative advantage, the principle where specializing in production at a lower opportunity cost boosts global trade and efficiency.

NAFTA Explained: A Trade Bloc's Legacy

Discover the North American Free Trade Agreement (NAFTA), the pact that reshaped continental commerce, and learn about its legacy and replacement, the USMCA.

Explaining the Trade Deficit

A trade deficit occurs when a country's imports exceed its exports. Learn what this key economic indicator means for the economy and your finances.

Imports: Global Trade Explained

Discover what imports are, why they are a key part of the global economy, and how they directly impact consumer prices, jobs, and businesses.