V Shaped Recovery – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is a V-Shaped Recovery?A V-shaped recovery is a term that describes a period of economic decline (recession) and recovery that resembles a V shape. This V shape symbolizes a short trough or decline in an economy, followed by rapid recovery, the first stroke of...

Skyscrapper Effect (Economics) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is the Skyscraper Effect?The skyscraper index or Skyscraper effect, which was developed by an economist named Andrew Lawrence, shows a correlation between the construction of the highest building in the world and the business cycle. According to Business Cycle,...

Competitive Equilibrium – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is Competitive Equilibrium?Competitive equilibrium is a traditional concept where the interaction of market forces such as demand and supply responds to prices, while prices respond to demand and supply. This type of equilibrium relies on the competitive...

Staple Thesis – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is a Staple Thesis?The staple thesis was developed because of the noticeable economic development in Canada, but the thesis can also be applied in different countries. The thesis follows that traditional commodities or staple products contribute immensely to the...

Infant Industry Theory – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is Infant-Industry Theory?The infant-industry theory is an economic rationale with economic policy to protect domestic industries against international competition until they attain the same economies of scale. Infant industries are young companies or businesses...

Central African Economic and Monetary Community – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is the Central African Economic and Monetary Community?The Central African Economic and Monetary Community (CEMAC) is generally defined as an African Union Economic Community that facilitates Central African Regional Economic Cooperation. It aims at achieving...