Economics News

What is economic profit and how to calculate economic profit post image

What is Economic Profit and How to Calculate Economic Profit

Terms related to finance will always sound strange to people whose field of study is not related to finance. One of the most popularly confusing finance terms is the meaning of economic profit.

 The most valuable commodity to a business organization is the profit they make from every transaction. Profit is simply the unit …

what are the 3 economic questions that must be answered post image

What are the 3 economic questions that must be answered?

For a society to be able to define itself as successful when it comes to how they take care of their people, financially, it should be able to answer the three basic economic questions. The answers to these key economic questions will serve as proof that society is doing its duty in ensuring that the …

Why‌ ‌finance‌ ‌is‌ ‌a‌ ‌good‌ ‌major‌ post image

Why‌ ‌finance‌ ‌is‌ ‌a‌ ‌good‌ ‌major‌

Coming up with something to do with your life after high school is one of the most crucial and life-changing decisions that every young adult has to make. If you are thinking about going to college and getting a degree, then know that you are on the right track. This is the point where you …