Dr. Ghulam Mohey-ud-din, Principal Economist
In the world of economics, where theories meet real-world applications, the ability to accurately analyze and predict market behaviors has always been paramount. But let’s face it — traditional statistical methods, while foundational, are becoming increasingly inadequate in capturing the
Imagine a world where every market operates flawlessly, where consumers get the best products at the lowest prices, and producers can’t help but be efficient. Welcome to the fantasy land of “Perfect Competition.” It’s the unicorn of economic markets —
You’re strolling down the aisles of your favorite supermarket, and you notice that the prices of your beloved groceries have dropped. Suddenly, your dollar stretches further, and it feels like Christmas came early. Sounds great, right? But hold on to
Imagine you’re at your favorite coffee shop. You order your usual latte, and the barista tells you it’s now $5, up from $4.50 last month. You wonder why prices keep climbing. Welcome to the world of inflation, where the cost
Greetings, fellow aspirants of the economic landscape! If you’ve ever wondered what all those percentages mean and why they matter, you’re in for a treat. We’re diving into the job market, breaking down unemployment rates, and using some real-world examples
Hello, budding economists! Now we move into the heart of market economics, facilitated by a couple — dynamic by nature — that guides the boat of our financial world: supply and demand. Before you start yawning and envisioning a dusty
Welcome, dear reader, to the wild, wonderful world of economics — often dubbed the “dismal science.” Be not afraid, for this moniker is wildly misleading. Economics is anything but dismal. It’s the backstage pass to understanding how our world ticks,
Pakistan and Saudi Arabia have deep-rooted diplomatic relations since 1947, since Pakistan’s independence; these have been full of cultural, religious, and historical affinity between the two nations. Financial aid from Saudi Arabia has been crucial during economic crunch and natural