Indifference curves and revealed preference theories are useful concepts for MBA students who want to make proper decisions in the real world. This post is written with the intention of providing MBA students with a comprehensive explanation of the principles of indifference curves and their role in revealed preference theory. A step-by-step calculation on how to co...
Financial modelling is a critical skill for students learning financial economics. It involves creating representations of financial scenarios to aid in decision-making, valuation, and strategic planning. This guide aims to provide students with a comprehensive understanding of financial modelling, practical steps to build effective models, and resources to further ...
The gig economy is a model of the economy that is gaining popularity. In this model, individuals undertake jobs that are either freelancing or only for a short period of time, frequently as independent contractors. In this approach, people are not hired by a single organization on a permanent basis but rather execute a variety of occupations for several different co...
Companies that have a strong environmental commitment are preferred by more than 60% of consumers globally. This statistic is staggering and indicates how influential sustainability has become in consumer choices. But what exactly does sustainable business practices mean? These are plans and deeds meant to make sure that, companies operate in such a way as to guaran...
There has been heated political discussion on migration in the last few years. The majority of people see immigration in a good light, yet there are still others who hold misunderstandings and worries. As an example, there are those who believe that migrants are bad for economy. Many individuals leave nations that do not provide enough protection for their residents...
