Monetary Policy

 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.

click here

Fiscal Policy

 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.

 

click here

Firms and Social Responsibility

 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.

click here

Laissez-Faire

 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.

click here

Government intervention

 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.

click here

Market Failure

 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.

click here

Upgrade your English: 10 Advanced Business Expressions

 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.

click here