Tariffs
Tariffs are taxes imposed by a government on imported (and sometimes exported) goods and services.…
Posted inEconomics
What is Trump’s Tariff and how badly It can affect your country’s economics?
Tariffs have taken center stage during the presidency of President Trump, and they could have…
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Say’s law Explained with Keynes’ Criticism
Say’s Law, formulated by the French economist Jean-Baptiste Say in the early 19th century, is…
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The Invisible Hand – Adam Smith’s Economic Theory (Detailed Explanation)
Introduction The Invisible Hand is a fundamental concept in classical economics, introduced by Adam Smith…
Posted inEconomics
Game Theory – A Detailed Explanation
Introduction to Game theory Game theory is a branch of economics and mathematics that studies…
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Learn Labor Theory of Value in best way
The Labor Theory of Value (LTV) is an economic theory that argues the value of…