A country’s budget shows how the government plans to earn and spend public money.
This article explains the meaning of a country budget, its major components, and how revenues, expenditures, deficits, and debt are calculated in a simple way.
Every choice we make comes with a hidden cost—the opportunity we give up.
This article explains opportunity cost with simple real-life examples, helping you understand how everyday decisions affect money, time, and long-term outcomes.
Prices in a market are not random—they are driven by demand and supply.
This article explains the concepts of demand and supply, showing how they interact to determine prices and quantities in real-world markets.
Economics studies how individuals, businesses, and governments make choices with limited resources.
This article explains the meaning of economics and explores its broad scope, from production and consumption to income, growth, and development.