Economics is the social science that studies the production, distribution, and consumption of goods and services. It analyzes how individuals,…
Public finance examines how governments raise revenue through taxes and other means, and how they spend these funds on public…
A windfall tax is a higher tax rate imposed by governments on sudden, unexpected, and significant profits earned by a…
The Treasury manages a nation's finances, including debt, currency, and taxation. It plays a crucial role in economic policy, impacting…
Privatisation involves the transfer of ownership, control, and management of state-owned enterprises and assets to the private sector. This aims…
The National Economic Council (NEC) is a principal forum used by the President of the United States for considering policy…
The Confederation of British Industry (CBI) is a prominent employers' organisation in the UK. It represents businesses across all sectors,…
The Competition Commission is an independent body responsible for promoting and protecting competition in the marketplace. It enforces competition law…
The business cycle refers to the natural fluctuations in economic activity, characterized by periods of expansion and contraction. These cycles…