Economics is the social science that studies the production, distribution, and consumption of goods and services. It examines how individuals, businesses, governments, and societies make choices about allocating limited resources to meet their needs and desires. Economics is broadly divided into two main branches: microeconomics, which focuses on the behaviors and interactions of individual agents such as households and firms; and macroeconomics, which analyzes overall economic trends and phenomena, including national income, inflation, and unemployment. Economists use various models and theories to understand and predict economic behavior, helping to inform policy decisions and influence economic outcomes. The discipline encompasses a wide range of topics, including market structures, trade, monetary policy, and welfare economics, making it essential for understanding how economies function and how economic policies can affect societal wellbeing.
Australia Defies Global Gloom: What the 2025 Economic Forecasts Reveal About a Surprising Bounce-Back Australia weathers economic storms with a rebound predicted for 2025, as global powerhouse nations face sluggish…
Trump’s Steel Tariff Bombshell, Korea’s New President, and Dutch Political Mayhem: What It Means for Global Business in 2025 Global steel faces new tariffs, South Korea gains a bold president,…
Wall Street faces turbulence due to escalating trade tensions, amplified by new tariffs stirring global investor unease. The tariffs affect a wide range of goods, potentially increasing costs for consumers…
Global markets face uncertainty with President Trump's tariffs impacting Bitcoin volatility. Bitcoin has dropped by over 15% in 90 days amid selling pressure from tariff concerns. Optimism emerges as Bitcoin's…
The upcoming Blue Origin mission features the first all-female crew, including celebrities like Katy Perry and Gayle King. Olivia Munn criticizes the mission as extravagant and questions its necessity amid…
A historic storm gripped Wall Street after President Trump's unexpected announcement of sweeping global tariffs. The Dow Jones plunged nearly 1,700 points, while the S&P 500 and Nasdaq dropped 4.8%…
President Trump's tariffs create uncertainty in global trade, affecting cryptocurrencies and blockchain. Bitcoin dropped by 5% to around $82,000, while Ethereum fell below $1,800 amid market jitters. Crypto futures liquidations…
President Trump's tariff announcement disrupts global markets, signaling a strategic shift in international trade dynamics. This move introduces a "tri-polar" economic realm with the United States, China, and Europe as…
Tariffs could significantly impact financial markets, creating volatility and uncertainty. Investor concern grows as tariffs may lead to a reduction in consumer spending, affecting economic growth. A decrease in manufacturing…
India's Nifty index surged by 6.4% in March, becoming a leading performer amid global market volatility fueled by U.S. tariff concerns. Foreign portfolio investors (FPIs) showed renewed interest, injecting ₹32,576…