Macroeconomics

What are The Causes of Currency Devaluation / Depreciation?

What are The Causes of Currency Devaluation / Depreciation? Currency depreciation is a situation where the value of a specific currency falls in relation to other world currencies. There are many factors which impact the currencies on a continuous basis. Political, social, monetary. Currency depreciation increases the cost of doing business in the international market….

Microeconomics

Short Run Equilibrium of a Firm Under Monopoly

Monopoly Definition: in order to understand the short-run equilibrium of a firm under monopoly. we must know what monopoly is. A market situation in which there is only a single seller of the product is “monopoly.” In this situation, there is no close substitute for the product and the supply of the product is in…