Preferences and utility theory are the essential building blocks of explaining the behavioral decision-making of households in economic theory. Therefore,
Topics about markets and how markets function.
Demand in Economics
What does demand in an economy mean? Why should we understand the demand factors in an economy? Students learning economics
Scarce Resources in Economics
What are the scarce resources in economics, and why should society understand what they are? In your economics class, students should
How private Households maximize Utility
Did you understand how private households maximize utility in your microeconomics lecture or tutorial? Here is a revisit of the
London and Europe’s Financial Capital
Over the last century, London has established herself as Europe’s financial capital by ensuring and developing economic certainty, legal stability,
Social Distancing as a Health Risk Management Tool
Social distancing measures propagated by health experts and belatedly by governments worldwide as a means of health risk minimizer, are yet to unfold their full impact on health risk management caused by the COVID-19. Nevertheless, social distancing poses a high risk to the economic and social life of affected communities globally. Fears of a global economic slowdown have dominated discussions amongst the public, experts of different disciplines, politicians, entrepreneurs, and others.
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