What is International Trade and Public Policy? International trade policy defines the standards, goals, and rules, and regulations of trade agreements between countries. A government establishes an international trade policy that defines actions to be taken in order...
Taxation and Deadweight Loss Overview Governments get paid by enforcing taxes on both producers and consumers. When taxes are imposed, this reduces the quantity of a product that will be sold in the market. And whenever the market is not in equilibrium due to an...
What is Elasticity? In Economics, elasticity measures the percentage change of one economic variable in response to a change in another. Let’s look at this concept with an example: 1. say we have two rubber bands with the same length: rubber band A represents...
What are price controls? The Economy can be left to its own device, letting demand and supply be defined by free markets, or the government can intervene and set price controls. The whole idea is to limit the maximum and minimum prices charged to the consumer. There...
Determinants of supply and demand Now that we have addressed how and the demand and supply curve works, in this article, we will introduce the next topic: shifts in the demand and supply curves. These are called determinants of supply and demand. A change in...
What is the Law of Demand and Supply? There are two sides to a Market: the consumers and the producers. From our Marginal Analysis article, we established that under normal circumstances, if the price goes up, the demand for that product goes down, and on the same...
Track-Record: Working as a consultant since 2004 Sold first company in 2015 Joined the insurance sector in 2017
Current Focus and 2022 Objectives: Candidate to the MDRT €2.0M in Life Insurance Applications 104 Golden Visa Applications 208 SIFIDE II - Tax Applications €100M in Industrial/Commercial Real Estate Transactions
