Demand in economics

Demand, Demand and Supply, Microeconomics

By definition, demand is the ability and willingness of a consumer to buy or purchase a particular product.  Remember that a demand curve is explained differently than the concept of demand itself. Do not confuse yourself with both.The Demand curve is the relationship...
Financial Crisis of 2008 and 2009

Financial Crisis of 2008 and 2009

Current Economics, Misc

Originally Written at www.mba-tutorials.com In 2008 the United States went through a Financial crisis. Many of these events were said to be the reflections of 1930’s great depression that brought fear to many individuals considering it’s a severe downturn in economic...