Category Archives: Economics

What is Austerity

Austerity is a concept widely used in the economic field when referring to the application of an economic policy based on reducing public spending and increasing taxes. The basic scheme of economic austerity lies in the greatest possible reduction in public spending and the increase in fiscal pressure on citizens and companies in a given […]

Buy a house in Mexico from the United States

According to INEGI, international migratory movements are mostly carried out by men, although in recent years women have gradually increased their migration to other countries, and it is the same INEGI that admits that people go to other places looking for better living conditions that include changes in family, economic, cultural, social, political conditions, fleeing […]

What is Economic Underdevelopment

The word economic underdevelopment is formed by applying the prefix sub, whose meaning is “below”, to the word development, to refer to what is below development. In the economic sphere, there is talk of development, alluding to countries with certain social welfare obtained thanks to their productive capacity. In this sense, it can be said […]

Coronavirus will lead to recession and economic slowdown

Although no one saw an economic recession coming from the hand of a virus, it is still the chronicle of an announced crisis. On the horizon of the world economy plans the loss of a trillion dollars, at best. Overcoming this crisis will require not only macroeconomic measures, but also corrective policies and institutional reforms […]

Tax Identification Number (TIN) – Definition and concept

The tax identification code (TIN) is the alphanumeric code that, until 2008, was assigned to Spanish companies and legal entities as identification or identity number. The tax identification code (TIN) is a code made up of numbers and letters. This code has been used, until its repeal in 2008, to identify Spanish companies, as well […]

Economic ratios for sustainability


Economic ratios can help us achieve a more sustainable future. To move towards a greener and environmentally friendly economy model, we need to make better use of resources, promote stability and competition, develop skills and reward work, and provide goods and services that meet the needs of consumers and minimize their impact on the environment. […]

Social audit – Definition, what it is and concept


The social audit is the evaluation carried out in companies or institutions throughout type regarding the effect of their social or ethical actions or projects on their Operation and economic sustainability. Often the social audit is a mechanism to take stock that starts up the mercantile societies or many public organizations about their social action […]

What is economic underdevelopment


The word economic underdevelopment, is formed by applying the sub prefix, whose meaning is “below”, to the word development, to refer to what is below the development. In the economic field, we talk about development, referring to countries with certain social welfare obtained thanks to their productive capacity, in this sense, it can be said […]

Home economics – Definition, what it is and concept


The domestic economy or family economy is the branch or area of ​​economic science that is responsible for the study of the economy of the home and our community. Domestic economics, also known as family economics, encompasses a wide range of subjects of study. The home is a unit of management and economic activity. She […]

Macroeconomic indicators: beyond GDP

The macroeconomic indicators they are economic statistics that are periodically released by government agencies and private organizations. These indicators provide information on the economic performance of a particular country or region and, therefore, have a significant impact on the foreign exchange market and commercial operations. Most important of macroeconomic indicators Is he macroeconomic indicator more […]

Collaborative Economy (Advantages And Disadvantages)

The Collaborative Economy is a form of exchange between at least two parts basically. One that has something and another that needs that something. The principle is that by avoiding the use of money, both parties obtain a benefit. One of the parties can get that something they need, in exchange for a good or […]

Economy for the Common Good – Definition, what it is and concept

The Economy for the Common Good (ECG) is an economic, social and political model based on the values ​​of human dignity, social justice, environmental sustainability and democracy. In 2010, Christian Felber and colleagues began in Austria the “Economy for the Common Good” movement as an economic and social model built through dialogue and democracy. This […]

What is Venture Capital


Surely in recent times you have heard on more than one occasion the concept of “venture capital”, but do you know exactly what it is and what advantages it offers you? If you have a small or medium business that is starting to emerge, take good note because you are interested in venture capital. Venture […]

Human capital education and economic growth

Summary The objective of this research is to contribute to the analysis of why the education of human capital is essential for economic growth in a country, based on the premises of human capital as a generator of growth and well-being, for which the present study develops a methodology to measure the economic growth of […]

Laissez faire – Definition, what it is and concept

Laissez faire is a phrase originated in France in the eighteenth century and means let them do or let them work freely. It was used formally for the first time by Vincent de Gournay, who was an economist French, since it preceded the Physiocracy school of Economy. Initially, it emerged in France as a rejection […]

Normative economics

Regulatory economics is responsible for proposing recommendations, policies and actions based on subjective personal judgments or on “what should be.” For this it is based on economic theory. Normative economics identifies what objectives are desirable and then apply knowledge of the positive economy to achieve them. The choice of objectives depends on the ethical and […]

Excess liquidity – Definition, what it is and concept

Excess of liquidity From a macroeconomic point of view, it is a situation in which the banking system has more money in circulation than the banks demand and this generates an excess of money supply. From the microeconomics it is a situation in which the company has an excess of treasury that does not produce […]

Economic Fundamentals – Definition, what it is and concept

The foundations, in the economic and financial field, are all qualitative and quantitative variables that must be included for the assessment of a business or active. That is, the fundamentals are all the factors that economics agents they must take into consideration when defining an investment strategy or making projections. For example, in the case […]

Differences between economic growth and economic development

While the terms “economic growth” and “economic development” can be misunderstood as the same, the reality is different. And it is that in fact, they are different definitions, that although they share certain similarities they are not essentially the same. But we must also consider that both are part of the economy of nations, and […]

Location Theory Definition in Economics

Location theory is a stream of economic thought that incorporates geographic location as one of the variables that determine the market balance. The objective of location theory is to study how space plays a key role in the decisions of producers and consumers. This is due to the fact that the supply of a merchandise […]

What is a Circular Economy

The definition of circular economy begins with the consideration of the current economic system, opposing what is known as taking, using and disposing of. Is a model that resembles cyclic behavior in nature and which aims to use resources through various Eco-friendly strategies. The so-called circular economy is shown as a paradigm shift where practices […]

What is Macroeconomics and What is it for

Inside of economic science, understanding the concept of macroeconomics is essential, as well as useful, to analyze and project the economic developments proposed by the States. Also, to study and understand the entire economic policy of a nation. Macroeconomics is a theory that studies and explains different factors or variables that together explain a wide-ranging […]

Internal Economies of Scale

Internal economies refer to a situation where, by actions of the business, they generate scale economics. Thus, with an increase in the volume of production, the cost of manufacturing an additional unit of merchandise decreases. That is, internal economies are a type of economies of scale that originate in a company as an effect of […]