economics

Importance of Financial Information In a market economy, when enterprises are forced to adapt to a rapidly changing competitive environment, the timely receipt and analysis of data are fundamental aspects. The base for the study of financial statements in the enterprise is accounting reports that are subject to precise documentation and registration. Such statements characterize […]

The problem Greek economic crisis is threatening the future of the euro and euro zone. If Greece defaults, the whole of Europe, and the world economy by extension, would be thrown into a recession. According to newspaper reports, the Greek government fiscal indiscipline after joining the euro is responsible for the problem. Austerity measures imposed […]

In business and economics, globalization can be regarded as the process of adverse integration of capital markets, services, technology and goods around the globe, which reduces international barriers of trade and investments in foreign nations. Globalization broadens and deepens international relationships, trade, investment, technology, and portfolio development. Globalization is mainly driven by increased development in […]

The government is forced to purchase the domestic currency when an expansionary monetary policy is used in a fixed exchange rate. It reduces the money supply. It causes aggregate demand to decline, which reduces imports. It causes a surplus on the balance of payments (Carbaugh, 2013). An expansionary fiscal policy involves increased government spending financed […]

Any economy experiences business cycles c characterized by booms and depressions. Economic booms are periods when the economy is growing at a high rate while recessions refer to periods when the economy is experiencing negative growth. The government’s responsibility is to smoothen the economic cycle as much as possible to offer a stable economic environment […]

Introduction Over the years, there have been prevalent economic realities that have led to the rising and collapse of various economies all over the world. Qatar is one nation which has experienced economic changes in the past decade as a result of global demand for its products, social changes, and Qatari government policies. Most of […]

Introduction The demand for goods and services is influenced by various factors that exist in the community. Demand is influenced by the price of the good as well as the existence of an appropriate substitute. If two products are perfect substitutes of each other, then the production of one influence the demand of the other. […]