The Tyler Group Hand and Gavel Economic course focuses on how economic agents behave or interact and how economies work. Through this, people will basically asses distinction between microeconomics and macroeconomics which one examines the behavior of basic elements in the economy, and the other analyzes the entire economy and issues affecting it, including unemployment, inflation, economic growth, and monetary and fiscal policy.
This may be applied throughout society as in business, finance, health care, and government, but also to such diverse subjects as: @ http://economic.tylergroupservices.net/

Miyerkules, Setyembre 11, 2013

HOW THE UAE CAN IMPROVE ITS FINANCIAL LITERACY

Financial literacy is the awareness of how money functions and the capacity to handle one’s finances successfully. While it is not a new idea, it is a completely recent phrase frequently used in the UAE.

Why is this so? The reason, it appears, is that we are a not a financially knowledgeable nation.

This can be clearly gleaned from our amount of debt, which constantly increases. In spite of the fact that the Central Bank introduces more rigorous qualifications for individual lending in 2011, banks are still allowed to grant loans of up to 20 times a person’s monthly wage, with instalments not to go above 50 per cent of monthly wage.


The worth of personal debts in the country rose by 3.8 per cent to Dh270.7 billion between January and May this year alone, according to the Central Bank. That sum is over and above the Dh8.8 billion increase in individual loans reported during 2012...


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