Cost Benefit Analysis (CBA) is a method which attempts to evaluate the social costs and benefits of a proposed economic activity.
Posts tagged as “economy”
What is an economy? What are three basic economic questions? What are main economic systems. This article helps to identify economic systems.
This article introduces a very basic difference between two highly popular yet frequently confusing terms economy and Economics.
Changes in the exchange rate of the currency can affect the whole economy because exchange rate stability guarantees the success of international trade.
Government will issue policies aiming to reduce aggregate demand and lower costs to tackle inflation. These policies will impact on businesses.
Inflation changes the value of money over time – it lowers it. One of the government’s economic objectives is to keep inflation low and stable.
In fact, different types of unemployment are caused by many different factors, with some of them even caused by more than one factor. Let’s take a look in details.
Different producers should adopt a different business strategy during economic growth, and a different business strategy during economic recession.
The country’s economy usually does not grow at the steady and constant rate, but tends to grow at different rates over time which leads to The Business Cycle.
External Growth (or inorganic growth) occurs through dealings with other businesses outside the organization. It is usually achieved by merging, acquiring or taking over another company.
The goods and services which enterprises produce can be used to classify all of the country's businesses into one of five different sectors of the economy.