Tag: Economics

How to Achieve Your New Year’s Resolutions and Goals

Happy New Year! We have all wanted something in our lifetime, and we have all probably experienced both the bitter taste of rejection and the sweet taste of getting what we want. Although many might believe that getting what you want is dependent on luck, there are certain things that separate high achievers. If you are to get what we want, you should set goals, and use strategies that allow you not only to influence people so you achieve what you want, but also get you closer to your wildest dreams.

The Popularity and Rise of Social Media: Benefits and Pros vs Cons

If you took a walk through a high school or college, the first thing you would see wouldn’t be students interacting or speaking with one another. Instead, you would see most students hunched over a screen as they walk to class. But that doesn’t mean that they aren’t interacting with each other. Unbeknownst to you, those students are in fact chatting with one another and liking or commenting on each other’s posts. Sure, they may not see each other’s face in this type of interaction, but their opinions are heard just as much, if not more.

Macroeconomics: The Definition of GDP and Its Implications

GDP is the universal measure of income among different countries. We’ve heard of the term GDP multiple times, but what exactly is GDP, and how do we measure an entire country’s income? GDP, Gross Domestic Product, measures the total value of all final goods and services produced in the economy of a country during a given year. Important points that need special attention in the definition of GDP are ‘total,’ ‘final,’ ‘country,’ and ‘a given year.’