Economy

Foreign Exchange (Forex) Explained

Foreign exchange, or Forex, is the global marketplace where currencies are traded. It's the largest and most liquid financial market,…

2 weeks ago

Fiscal Policy

Fiscal policy involves government spending and taxation to influence the economy. It's a key tool for managing economic growth, inflation,…

1 week ago

Final Salary Pension Scheme Explained

A final salary pension scheme, also known as a defined benefit pension, guarantees a retirement income based on your salary…

2 weeks ago

European Central Bank (ECB)

The European Central Bank (ECB) is the central bank for the euro, responsible for monetary policy in the Eurozone. It…

2 weeks ago

European Bank for Reconstruction and Development (EBRD)

The European Bank for Reconstruction and Development (EBRD) is an international financial institution established to aid in the transition of…

2 weeks ago

Endowment Policy Explained

An endowment policy is a life insurance contract that pays out a sum of money upon the earlier of a…

1 week ago

Economies of Scale Explained

Economies of scale occur when the cost per unit of output decreases as the scale of production increases. This is…

2 weeks ago

Economic Growth: Driving Prosperity and Development

Economic growth refers to the increase in the production of goods and services in an economy over time. It's a…

2 weeks ago

Earnings Per Share (EPS) Explained

Earnings per share (EPS) is a key financial metric indicating a company's profitability allocated to each outstanding share of common…

2 weeks ago

Dow Jones Industrial Average (DJIA)

The Dow Jones Industrial Average (DJIA) is a stock market index representing 30 large, publicly traded companies in the United…

2 weeks ago