Introducing New Institutional Economics

Introducing New Institutional Economics

New Institutional Economics, often abbreviated to NIE, is a type of economic perspective. The aim of NIE is to focus on the institutions that underlie economic activity in an attempt to extend economics, looking at the legal and social norms that underpin all forms of...
2019 Regulatory Round-Up for Data Security

2019 Regulatory Round-Up for Data Security

The regulatory landscape for data security and data privacy today is proving difficult for lawmakers, as they struggle to navigate challenges posed by the huge online economy. Efforts in 2019 were therefore accelerated to standardise and reinforce policies for data...
How the Global Commodities Market Works

How the Global Commodities Market Works

The commodities market at its most basic works by buying and selling commodities based purely on price. A definition of commodities can be seen in the attached short video. These tradeable assets are bought and sold on commodities exchanges, with prices determined by...
Macroeconomics Explained

Macroeconomics Explained

Macroeconomics refers to the branch of economics dedicated to studying the behaviour of the larger-scale market systems that make up an overall economy. Phenomena that affect entire economies are studied in macroeconomics, including rates of economic growth,...
Introducing System Dynamics

Introducing System Dynamics

System dynamics is the name given to an approach to understanding complex systems with non-linear behaviour; essentially, it is a mathematical modelling technique and methodology that allows complex problems and issues to be framed, understood and discussed. The...