The How, Why, and When of Setting Financial Goals One of the biggest questions most financial consultants are trained to ask is about your financial goals. Only if they know what you want in your life can they suggest...
Fiscal and Monetary Policy: The Pillars of a Nation’s Macroeconomic Foundation Fiscal and monetary policies are macroeconomic tools in the hands of the government and central bank of a country to exercise control of the economy. Fiscal and monetary policies are...
Money Management through the “Ages” Running up a credit card debt that cannot be squared off at the end of the month is not desirable, but it can be handled by a 25-year-old who just...
International Trade: An Introduction to a Cornerstone of Macroeconomics Selling and buying goods and services often are not restricted within the boundaries of a country. Countries trade across borders. Why do countries trade internationally? Countries trade because not all...
How Does Economics Explain Inflation? The pangs of inflation have been felt all around the world. In the US, the inflation rate was 7.7% in October 2022 and in India, it was 6.77%. The UK...
Cost Accounting Terms You Should Know Cost Accounting refers to the approaches and activities adopted by managers to use the company’s resources to increase the value given to customers and to achieve organizational goals. Cost Accounting,...