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  • [ November 19, 2024 ] France Targets the Wealthy with New Tax Hikes to Tackle Deficit Economic News
  • [ November 15, 2024 ] China’s Exports Surge as Global Demand Remains Strong, But Trade Tensions Loom Balance of Payments
  • [ November 13, 2024 ] VW Boosts Rivian Joint Venture with an extra $5.8 Billion Consumer and Business Behaviour
  • [ November 5, 2024 ] American Brands are Feeling the Squeeze as Sales Drop in China Consumer and Business Behaviour
  • [ November 1, 2024 ] Russia Slaps Google with an Unpayable Fine for Blocking State Media Economic News
HomeCM Tooltip GlossaryNormal good

Normal good

April 8, 2020 TheCuriousEconomist Comments Off on Normal good

a good for which an increase in income causes an increase in demand

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Supply-side shock

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Luxury good

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  • France Targets the Wealthy with New Tax Hikes to Tackle Deficit
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  • American Brands are Feeling the Squeeze as Sales Drop in China
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Balance of Payments

Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

February 7, 2020 Comments Off on Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed on goods from countries all over the world, engagement in a devastating trade war with […]

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Curious?

How Premier League Football Clubs Make a Profit: The Case of Brighton & Hove Albion

September 4, 2024 Comments Off on How Premier League Football Clubs Make a Profit: The Case of Brighton & Hove Albion

Premier League football clubs have become multi-million-pound businesses, generating revenue from various streams beyond matchday ticket sales. In the 2022-2023 fiscal year, Brighton & Hove Albion, a mid-tier club, set a club record by posting […]

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Balance of Payments

China Slashes Tariffs for Developing Nations

October 30, 2024 Comments Off on China Slashes Tariffs for Developing Nations

Starting December, China will cut tariffs for goods from 43 of the world’s least developed nations, primarily across Africa and Asia. This policy means these countries can export products like crops, seafood, and raw materials […]

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