by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Duopoly?A Duopoly is a market condition where the total market of a product or service or most of the market is controlled by only two corporations. It is the very basic form of oligopoly. What Causes a Duopoly? A duopoly may arise through competition,...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Demand Side Economics?Demand side economics is a school of economic thought introduced by John Meynard Keynes, that argues the economic growth is directly proportionate to the demand for products and services. Demand-side economics contradicts the classical...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Debtor Nation?A debtor nation is a nation that owes more to the other countries than its total investments in other countries. In other words, it is a country with a cumulative balance of payment deficit. Example of a Debtor Nation?The USA is considered to...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Easy Money?Easy money is an economic term used to describe money supply. It is also known as monetary easing and expansionary monetary policy. What is Monetary Easing?Monetary easing increases the supply of money in the economy by making access to capital...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What are Economies of Scope?Economies of scope refer to lowering the average cost of goods and services by producing different products simultaneously. Economies of Scope versus Economies of Scale?Economies of scope is different from economies of scale, where...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Demand-Supply Analysis?In a market economy, the level of demand and supply of all goods and services jointly determines the price level and quantity of that good (or service) in the economy.When to Use Supply Demand Analysis?The law of demand states that...
