The essence, structure and concept of employment

One of the main goals of the national economy is to achieve a high level of employment. Employment should be understood as such activities of citizens that do not contradict the laws of the country, are aimed at satisfying personal or social needs and bring its subject earnings or income. The concept of “employment of […]

Economic cycle: concept, phases, causes and types

The development of social production, which depends on many factors, is not uniform and continuous. In some periods, the growth of total output is very rapid, in other years it is slower, sometimes there is even a decline. Thus, the economic development of countries does not occur evenly, i.e. it is characterized by macroeconomic instability, […]

The main forms of competition in the world market (price, non-price)

The presence of the basics of competitiveness in itself does not guarantee success in the world market. The firm needs an active struggle to maintain its position with the support of the nation-state. Usually, competition is reduced to two main forms: price and non-price, although this division is conditional. The company’s pricing strategy is aimed, […]

Modern forms of competition in the world market

Competitiveness of goods, firms, industries, countries The concept of competitiveness is quite broad. In the economic sphere, competitiveness is usually understood as the possession of properties that create advantages for the subject of economic competition, which create an opportunity to successfully conduct such a competition and win in it. Competitiveness not only passively reflects the […]