Economics: What Is a Macroeconomic Factor?

Economics: What Is a Macroeconomic Factor?

Macroeconomics is the branch of economics that focuses on the economy as a whole. The key areas studied by macroeconomists are inflation, unemployment and national output. Macroeconomics studies the behaviour of governments, businesses, the markets and consumers...
Financial Terms: Securitisation

Financial Terms: Securitisation

Securitisation is a financial term referring to the process of using financial engineering to take an asset or group of assets that are illiquid and turn them into securities. Securitisation often turns debts into securities, although it can be used with a variety of...
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...