Demand is a monetary form of expressing a need, i.e. it is the amount of goods and services that buyers are willing and able to (willingly) buy at some price over a period of time. The amount of demand depends on various factors: prices for goods, incomes and tastes of buyers, the number of buyers, […]
Tag: economy
Evaluation of the economic efficiency of the project
Evaluation of effectiveness should be carried out based on the interests of all its participants: a foreign investor, an enterprise and local and republican authorities. According to methodological recommendations, the following types of economic efficiency are distinguished: commercial (financial) efficiency, taking into account the financial results of the project for its direct participants; budget efficiency, […]
Features of investment activity
The investment activity of the enterprise includes the following components: investment strategy; strategic planning; investment design; analysis of projects and the actual effectiveness of investments. Investment strategy is the choice of the way of development of the enterprise for the long term with the available own sources of financing and the possibility of obtaining borrowed […]
ITALY ECONOMY
Italy is a special country in Europe. This is a young and at the same time ancient state. The capital of Italy – Rome – the center of the ancient Roman Empire – is considered the oldest city in Europe. The time of its foundation is 753 BC. e. However, this is a young state, […]
The Relationship Between Unemployment and Inflation: The Phillips Curve
The English economist Phillips in the late 50s found a relationship between the unemployment rate and wage growth. Analyzing data for more than a hundred years, he came to the conclusion that there is a certain level of unemployment (6-7%), at which the level of wages is constant and its increase is zero. When unemployment […]