The US-China trade war is an economic conflict between the United States and the People’s Republic of China. Both countries have been engaged in this […]
Author Archives: Mathew Emmanuel Pineda
Mortgage-Backed Security Explained
A mortgage-backed security or MBS is a type of security or financial instrument. To be more specific, it is an asset-backed security made up of […]
Causes and Effects of the U.S. Subprime Mortgage Crisis
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 […]
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 […]
Explainer: The Purpose of Central Banks
A central bank is a government institution responsible for managing the currency, monetary base or money supply, and interest rates within a country or state. […]
Three Tools of Monetary Policy
Similar to a fiscal policy, a monetary policy is a macroeconomic tool used by the government through its monetary authority to manage and stabilize the […]
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, […]