External link to Impact of the European Economic Crisis

Impact of the European Economic Crisis

What determines whether or not a resource is scarce? Why is the concept of scarcity important to the definition of economics? The determination of whether a resource is scarce is its supply in relation to demand such as land, labor capital and human capital. If there is not sufficient amount of resource to satisfy the demands, then resources are set to be scarce. On the […]

External link to Leadership And The Economic Crisis

Leadership And The Economic Crisis

Over the years, studies have been conducted regarding what model stands out as the best for organizational leadership. The current global financial crisis has revealed quite a lot in as far as these leadership models are concerned. It has become apparent that the current models of leadership stand in need of adjustment. Every model of leadership seeks particular results. The fact that the world has […]

External link to Hungary’s Economic Crisis

Hungary’s Economic Crisis

Last year, “Promising economic indicators” is a headline in the front page of a Hungarian newspaper. The economists, government representatives and many politicians said that Hungary’s economy is growing. Growing half times as it should be. In reality and if economics can only speak, Hungary was in big trouble and in the verge of economic collapse last year. The economic crisis of Hungary led the […]

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