CONTEST TRADERS

1. Economics has two main branches – microeconomics and macroeconomics Microeconomics deals with customers, incomes, prices, profitability, and so on. Macroeconomics deals with the economy as a whole, interest rates, Gross Domestic Product (GDP), and other concepts covered in newspapers under the “economy” section. Microeconomics is more useful for managers, while investors mainly follow macroeconomics. […]

Money is a paper equivalent of goods and services. The history of money shows it was created to simplify exchange between people. Initially gold and silver coins, later replaced by receipts leading to paper money. We explain the history of money in simple terms.