Economic policy is probably the most important component of the political decisions of a government within the framework of the existing economic system. In the end, the added value within a state depends on the economic policy decisions and their implementation, and thus the prosperity of the population. The government […]

Economic growth is likely to be one of the most prominent and lively discussed terms in the media. The question arises more and more often whether economic growth is unlimited or has reached its limits. Economic growth began with the industrial revolution and has been at the core of economic […]

The balance of payments records economic transactions with foreign countries for a specific observation period. In the context of the balance of payments, the current account, trade and services as well as the money flows are compared. The Deutsche Bundesbank publishes the balance of payments for Germany once a month. […]

Interest is the remuneration that someone pays for the temporary provision of capital or money. Most of the time there is talk of interest in connection with financial transactions. For example, customers receive interest from banks for their money. Interest must also be paid to the bank on a loan. […]

For savers, the compound interest effect is an important component in building up their wealth. We want to explain why this is so in this article. Compound interest leads to above-average returns on investments. The interest earned in a billing period is added to the capital to be paid interest. […]

The notion of administration can refer to the structure, operation and performance of an entity. A company, on the other hand, is an organization that is dedicated to carrying out productive or commercial tasks with the objective of obtaining economic benefits. Business administration, in this way, is linked to the […]