Category: Digital Marketing

Where is the value potential of the Internet of Things?

The Internet of Things has the potential to fundamentally shift the way we interact with our surroundings. The ability to monitor and manage objects in the physical world electronically makes it possible...

Money and the Financial System

This chapter introduces the financial system. Students will learn the purpose of financial markets and its relationship to financial institutions. Financial institutions connect the savers to the borrowers through financial intermediation. At the...

The United States Banking System

The United States banking system differs from other industrialized countries. For instance, the United States has more banks per capita, and the banks possess fewer assets because the U.S. government imposed strict...

Money, Banking, and International Finance

Economists use liquidity to define money. Liquidity is people can easily convert an asset into cash with little transaction costs. For example, if you take all your assets and list them in...

Money and the Financial System

This chapter introduces the financial system. Students will learn the purpose of financial markets and its relationship to financial institutions. Financial institutions connect the savers to the borrowers through financial intermediation. At the...

The amount lot of value that can be realized in developing economies is comparable to that of advanced economies

Overall, over the next ten years, more IoT value is likely to be created in advanced economies because of the higher value associated with each deployment. However, the potential number of IoT uses...

Barter and Functions of Money

If an economy did not use money, what would it look like? Without money, the buyers would exchange goods with the sellers by exchanging one good for another good, which we call...
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