Economics Essentials

What is Bond Principal?

Bonds are a popular investment option for many people. They are essentially loans that investors make to companies or governments. The bond issuer ...

The Federal Open Market Committee (FOMC)

The Federal Open Market Committee, or FOMC, is a group of economists and bankers who make decisions about monetary policy for the United States. The ...

Understanding Absolute Advantage

What is the absolute advantage? Absolute advantage is an economic concept that means producing more than anyone else. Absolute advantage is the ...

What is an Export?

Exports are goods and services produced in the home country but sold to a foreign country. Like imports, exports also play a crucial role in ...

What is an import?

Like humans, countries also buy and sell things. When one country buys goods and services from another country, it is an "import" for the country ...

China Economy-GDP, CPI, Trade Balance

China Economy Overview China's Economy is considered the second-largest economy in the world. China, officially known as the People’s Republic of ...

New Zealand Economy-CPI, GDP, Trade Balance

Introduction to New Zealand Economy New Zealand Economy is very highly developed and one of the least corrupt countries in the world. New Zealand is ...

Japanese Economy: GDP, CPI, Trade Balance

The Japanese economy contains great economic power and is well connected to global affairs. It is a member of the United Nations, the Organization ...

Australian Economy: GDP, CPI, Unemployment Rate

Introduction to Australian Economy Australia, officially known as the Commonwealth of Australia, is an independent country. Australian Economy is ...

Economy of Canada: GDP, CPI, PMI, Trade Balance

Introduction to Economy of Canada Canada is an independent country located in North America and the economy of Canada is highly developed. It has ...

European Union Economy-ECB, GDP, Budget Deficit, Employment Change

European Union The term European Union economy is not a single economy, like the EU, the eurozone economy is the collective economy of the ...

United Kingdom Economy-GDP, PMI, CPI, Unemployment Rate

United Kingdom The United Kingdom economy is considered highly developed. The United Kingdom of Great Britain and Northern Irelands or the UK is ...

United States Economy: FOMC, GDP, CPI, Retail Sales

After reading this article you should be able to tell about United States Economy. What is a USD? How is US monetary policy conducted? What are the ...

Functions of Central Bank or Reserve Bank of India (RBI)

Central Bank of India or Reserve Bank of India (RBI) is the central bank of the Republic of India. It is the central regulating authority of India’s ...

What is a Central Bank?-Fiscal Policy, Monetary Policy

After reading this article, you should be able to tell What is a fiscal policy? What is a monetary policy? What is a central bank? What is an ...

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