Economic activity

The barter system facilitated exchange of goods and services before the advent of the monetary system. Let us take a closer look at the history of this age-old system.

If you go to buy dollars today, the likelihood is that you will see wide differences between the rates you are offered at the banking hall and the rates quoted on the open market.

The main difference between economic and non-economic activity is economic activities are performed for economic motive, i.e. earning profit. On the other hand, non-economic activities are performed due to social or psychological reasons, i.e. out of love, affection etc.

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USD/JPY turns lower after colliding with a key technical resistance area, but the dollar bias remains positive post-Fed.

Macroeconomics: studying the whole society, Macroeconomics: Discussing the whole economy. Description This course introduces key economic indicators, role of government in an economy, measurement of gross domestic product, components of aggregate demand, consumption function and Keynesian multiplier, investment function, government intervention through monetary and fiscal policies, impact of government intervention on economic activity, inflation and […]

An economy is a system of production and consumption activities that determine how resources are allocated among all of its participants. Learn how it works.

4th sixth weeks 2013

Learn about primary economic activity, plus the other four sectors of the economy: secondary, tertiary, quaternary, and quinary.

Although micro vs macro economics affect different levels of the economy and cover different policies, they are in fact two sides of the same coin...