Welcome to the Economic Way of Thinking. My name is Equilibrium and I will be your guide throughout a simplified economic experience.
To learn about economics, it's important to first know what economics actually is. In this article, I'll give you a general overview of what economics actually is, and more importantly, what it isn't.
This case examine the implications of the merger of Pepsi Co. and Quaker Oats Company for the rivalry between Coca-Cola Co. and PepsiCo, and for value creation by each firm.
Learn about why the decline in the “velocity of money” has been impeding economic growth for decades and why it is so important to increase movement of money to restore stronger economic growth.
Economics Online (a) EXTERNAL ECONOMIES OF SCALE External economies of scale are the cost-saving advantages that accrue to the industry as a whole, as a result of the firms being close to each other and an...
this article briefly described the different types of Oligopoly markets.
What is a price ceiling and what is a price floor? Reasons for implementing them, their effects and examples of each.
It is important for you to understand the meaning of the terms "intermediate products" and "final product". Intermediate products: Some of the final products of a production unit could be the raw...
An analysis on demand and supply mechanism of Korean Kimchi and the stakeholders involved.
Read through Anthony Downs' key points in An Economic Theory of Democracy in this long-form outline of his book
Not finding what you're looking for? Browse other articles about Economics.