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Economy

Benefits and costs of economic growth

Most governments aim for high economic growth, believing that this will lead their countries to higher standards of living. Through monetary policy, the government attempts to influence aggregate demand by controlling spending and the…

Minstrel cycles

1. Are there Minstrel cycles in the US economy? Mitchell's substitution of Minstrel cycles for "business cycles". The deep economic crisis and depression that engulfed the world economy in 2008-2012 once again confirmed the fact of the…

GDP structure of Saudi Arabia

Factors that determine the structure of GDP on the example of Saudi Arabia Saudi Arabia is included in the group of highly profitable countries. In 2018, Saudi Arabia ranked 20th in terms of GDP with $659.66 billion. Let us consider the…

The economic cycle and its phases

Many generations of researchers have tried to unravel the mystery of the cyclical fluctuations of the market economy. Now, when in Russia the breeding process becomes more and more cyclical, this problem is of interest to a wide range of…

How to Get into Online Metal Trading?

The most popular precious metals in metals trading are gold and silver. The latter is strongly linked to the main currencies and the world economy as a whole. Precious metals have long been the medium of exchange between dealers worldwide.…

A new look at economic theory

We are given the ability to communicate to facilitate the exchange of information and improve our lives. Words are the connecting links of this process. Each word has its specific meaning and is a carrier of information. Only the correct…