The United States Subprime Mortgage Crisis was a financial crisis transpiring between 2007 and 2010 across the nation that stemmed from the collapse of a […]
Author Archives: Mathew Emmanuel Pineda
Types of Distribution Strategies and Channels
Distribution strategies are strategic plans developed and implemented to deliver goods or services from the point of origin to end-user consumers. On the other hand, […]
Fiat Money: Advantages and Disadvantages
Fiat money is a type of currency without intrinsic value. Unlike commodity money or repetitive money, it does not represent a commodity that has intrinsic […]
Explainer: Friedman-Savage Utility Function
American economist Milton Friedman and American mathematician Leonard J. Savage published a paper in 1948 that introduced the theory now called as the Friedman-Savage Utility […]
Contributions of Milton Friedman: Theories and Principles
Milton Friedman was an acclaimed American economist whose contributions range from the introduction of theories and models in economics to principles and concepts in business […]
Three Tools of Monetary Policy
A monetary policy is a macroeconomic tool utilized by the government through its monetary authority to either expand or contract the economy. It is a […]
Difference Between Fiscal Policy and Monetary Policy
Fiscal policy and monetary policy are macroeconomic tools used for managing the economy or to be more specific, to resolve macroeconomic problems such as recession, […]
Minsky: The Financial Instability Hypothesis
Several economists have referenced the financial instability hypothesis developed by American economist Hyman Minsky to describe modern financial phenomena, especially downturns in the financial system […]
European Union and the Eurozone: Difference
The difference between the European Union and the Eurozone is considerably simpler. It centers primarily on what they are, their structure, as well as their […]
Examples of Value-Added Service
A value-added service or VAS is a type of non-core service or feature provided for free or little cost when a consumer purchases a product […]