Posts published in “THE MARKET”

It's the feeling that others are living better lives, having more fun, or making more successful choices than you are.

It's a form of social influence where people conform to the behavior of others, often driven by psychological factors.

Companies today are increasingly recognizing that focusing on and including marginalized groups is not just a matter of social responsibility, but a critical business imperative.

The term "infant industries" carries significant weight, particularly when discussing the development and competitiveness of emerging economies or the birth of entirely new sectors.

While pure monopolies, defined as a single firm controlling 100% of the market, are rare in the modern economy, they do still exist in certain specific contexts.

Today, we're diving into a fascinating market structure that you encounter every single day: monopolistic competition.

Understanding market structure provides a powerful lens through which to analyze industry dynamics, predict firm behavior, and evaluate the effectiveness of market regulations.

In its simplest form, derived demand means the demand for a good or service is a consequence of the demand for another, related good or service.

Yes, bartering is still used in the modern world, although it's not the primary form of economic exchange in most developed countries.

Invisible hand remains a central concept in free-market economics and is often used to justify policies that promote competition and limit government intervention.

Every economy, from the global marketplace to your local coffee shop, thrives on a foundation of four key pillars: earning, spending, saving, and investing.

This article is about an oligopoly. It describes the characteristics of an oligopoly market and explains why most markets are oligopolistic.

This article is about a monopoly. It describes characteristics of a monopoly market and explains how the equilibrium model evolves in monopolistic conditions.

This article is about perfect competition. It describes characteristics of a perfectly competitive market and gives assumptions about perfect competition.

Let’s take a look at the types of competition in three different types of markets: perfectly competitive, oligopolistic and monopolistic.

Here are situations where the market system can fail from provision of demerit goods and merit goods. Government interventions might be necessary.

This article identifies situations where the market system can fail causing market failure: prices too high, when prices too low, fluctuations in price.

This article describes interrelationship between markets. It defines joint demand, competitive demand, derived demand and joint supply.

This post is about costs and benefits – both private costs and social costs, and private benefits and social benefits. It also defines the term externalities.