Irving Fisher’s Quantity Theory of Money
Irving Fisher put forward a theory called the Quantity Theory of money,…
How Irrevocable Credit Works
Letter of Credit or often abbreviated as L/C is one of the…
The financial system is starting to look to the DeFi
DeFi is a financial system that operates on a decentralized network. this…
How trade acceptance works
Literally Acceptance is a thing in the form of a trade letter…
Edgeworth and Bertrand models
In the world of economics, the Edgeworth model is built on the…
Monetary Sovereignty, Modern Money Theory
Monetary Sovereignty or monetary sovereignty is defined as a function, role and…
Regional Comphrehensive Economic Partnership (RCEP)
The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement consisting…
Ceteris paribus assumption
What is Cataris Paribus? Ceteris paribus, literally "taking other things constant", is…
Opportunity Cost of Capital (OCC) Concept
Understanding Opportunity Cost of Capital OPORTUNITY COST OF CAPITAL (OCC) - Opportunity…
Personal Finance; Definition, Benefits, and Tips
Definition of Personal Finance Each individual has financial goals to be achieved…