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While many students commonly associate steeper supply curves with inelastic price elasticity of supply (PES) and flatter supply curves...

This post will clarify how changes in price can differently impact consumer surplus depending on whether demand is elastic or inelastic....

The Biden administration has announced a series of new tariffs on Chinese goods, with a clear focus on the green technology sector. While...

The question of why the poor make seemingly poor decisions—such as borrowing more, saving less, smoking more, exercising less, drinking...

Given that many reading lists feature dry and conventional texts, standing out in your personal statement (PS) can be very challenging. I...

Data extraction . Ensure that you use the data and information from the figures and tables provided. When using data from quotes or...

Microeconomics Section Indifference Curve & Budget Line Indifference Curve Assumptions: Don't forget to write the assumptions underlying...

The introduction of the KWSP Account 3 has sparked discussions about its impact on both individual finances and the Malaysian...

Malaysia, a Southeast Asian nation blessed with abundant natural resources, has undeniably achieved remarkable economic...

In the fast-paced world of electric vehicles, Tesla has been a dominant force, but increasing competition from Chinese electric car...

Move over dot-com millionaires, China's new wave of wealth creation comes with a surprising twist: bubble tea. That's right, the drink...

Malaysia's financial landscape is buzzing with the arrival of GX Bank, the country's first digital bank. While it entices customers with...

The Japanese Yen has been hitting headlines lately, and for good reason. It's been steadily weakening against the US dollar, reaching...

An oligopoly is a market structure characterized by a small number of large firms that dominate the industry. These firms have...

Thorstein Veblen, an American economist, introduced the concept of conspicuous consumption in his 1899 work, "The Theory of the Leisure...

Perfect competition characterizes a market structure with many buyers and sellers, perfect information, homogeneous products, and no...

In the realm of pop stardom, Taylor Swift stands as a beacon of innovation and success. From her transition from country music to pop...

After pausing rate increases in June, policymakers raised borrowing costs again at their policy meeting on July 26, the 11th time since...

On March 12th, Signature Bank became the second major bank in the US to declare bankruptcy within a span of three days, following SVB's...

Differences in Research Focus Many people think that Economics and Finance are two separate disciplines, but Finance is actually a...