Dr. Ghulam Mohey-ud-din, Principal Economist
The concept of “free” has long captivated the human psyche. From a psychological standpoint, the allure of getting something for nothing triggers a primal response that often overrides rational decision-making. But in the world of economics, “free” is not just
Economic policies are the backbone of a stable and prosperous society. One of the most intriguing and sometimes contentious tools in the policy-makers’ toolkit is price control. By exploring the interplay between supply and demand, we can uncover how price
Ever wondered why certain products are cheaper while others burn a hole in your pocket? Or why there’s a sale when new gadgets hit the market? It all boils down to the price mechanism — a pivotal concept in economics