What Is Monetary Policy?
Monetary policy, the demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply and achieve macroeconomic goals that promote sustainable economic growth.
What Is Monetary Policy?
Monetary policy, the demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply and achieve macroeconomic goals that promote sustainable economic growth.
What is Fiscal Policy?
Fiscal policy refers to the use of government spending and tax policies to influence economic conditions, especially macroeconomic conditions, including aggregate demand for goods and services, employment, inflation, and economic growth.
What Is Social Responsibility?
Social responsibility means that businesses, in addition to maximizing shareholder value, must act in a manner that benefits society. Social responsibility has become increasingly important to investors and consumers who seek investments that are not just profitable but also contribute to the welfare of society and the environment. However, critics argue that the basic nature of business does not consider society as a stakeholder.
What Is Laissez-Faire?
Laissez-faire is an economic theory from the 18th century that opposed any government intervention in business affairs. The driving principle behind laissez-faire, a French term that translates as "leave alone" (literally, "let you do"), is that the less the government is involved in the economy, the better off business will be - and by extension, society as a whole. Laissez-faire economics are a key part of free market capitalism.
Government intervention is any action carried out by the government or public entity that affects the market economy with the direct objective of having an impact in the economy, beyond the mere regulation of contracts and provision of public goods.
What is Market Failure?
Market failure is the economic situation defined by an inefficient distribution of goods and services in the free market. In market failure, the individual incentives for rational behavior do not lead to rational outcomes for the group.
Learn to think, speak, and write more professionally with ten advanced business English expressions. Upgrade your English by understanding the meaning of: a viable option
, a stop-gap measure
, a foregone conclusion
, a moot point
, a pressing issue
, a fruitful discussion
, and more. These high-level expressions are used in everyday conversations, meetings, and conferences. Learn them now, to participate fully in the discussion and advance your career.
If you don’t know how to write the date correctly, you could lose your job. Are you scheduling a meeting, organizing an event, or planning a party? Watch this lesson first to avoid confusion.You’ll learn when to write the date in words, when to use numbers, and what DD-MM-YY
means. This lesson is important for everyone, but especially those who work with people from other countries.
In this lesson we will look at common abbreviations and acronyms used in emails, memos, and other types of business writing.
Listen to the business podcast about innovation to practise and improve your listening skills.
When you're applying for a job, a great CV is essential. Find out what to include and what to avoid for the best chance of getting an interview.
Which tips do you think are the most useful for writing a good CV?
In this English lesson for beginners, I will teach you the correct expressions to use to talk about your gadgets. We often use turn
phrasal verbs to talk about using gadgets or electronics. By the end of the lesson, you will know how to use the prepositions ON
, OFF
, UP
, and DOWN
with the verb TURN
. This is an easy lesson, but many students make mistakes using these words. Don’t be one of them!
Today you’ll learn vocabulary that will help you to read and speak about the economy
. We will look at common words used to discuss economic matters, such as GDP
, stagnation
, fiscal
, and more. These words and expressions will help you read financial news articles and follow economic reports on television and online.