Normative economics

Regulatory economics is responsible for proposing recommendations, policies and actions based on subjective personal judgments or on “what should be.” For this it is based on economic theory. Normative economics identifies what objectives are desirable and then apply knowledge of the positive economy to achieve them. The choice of objectives depends on the ethical and … Read more

Scheme: what it is, how it is done and types of schemes

What is a scheme? Scheme is a graphic representation of the association of ideas or concepts that are related to each other, and between those that establish hierarchy relationships. In a scheme there is usually a main idea that is associated with others of lower rank, but which are indispensable to understand what is being … Read more

Revolut Review – Card, commissions, advantages

There is much talk about best online banks and the Revolut card. To better understand what it is, we wanted to inquire about this British company and give our opinion of Revolut after having tested his card and disengaged all its services in detail. In this review of revolut we will try to cover the … Read more

Characteristics of the second industrial revolution

The second industrial revolution is the period between 1850-1870 and the beginning of the First World War in 1914. It was a period markedly marked by vertiginous social and economic changes since the industrial process accelerated and, therefore, the changes and rhythms of life of society also changed. There is no break or break between … Read more

BIC or SWIFT code – What they are and what they are for

To make a international bank transfer Besides of International Bank Account Number or WERE GOING, BIC (Bank Identifier Code) or also called SWIFT (Society for Woldwide Interbank Financial Telecommunication) is also required. The SWIFT code is an alphanumeric code that has helped facilitate international transaction processes What is a bank’s BIC or SWIFT code? The … Read more

What is a crossumer? The consumer of the new generation

From the moment we are born, a process of change and continuous learning begins. We never stop learning and changing our thoughts. This factor has been exponentially enhanced in full digital age. And one of its consequences has been the birth of a new generation consumer called Crossumer. What is a crossumer? Crossumers are the … Read more

Second industrial revolution: features and inventions

The Second Industrial Revolution was a period of important industrial, social and economic changes that emerged after the first stage of the Industrial Revolution initiated in Britain. This was developed between 1870 and 1914. However, there are those who frame its beginning since 1850. The second stage of the Industrial Revolution spread through several countries … Read more

What is a Quality Management System (QMS)

When we talk about quality there are different terms that are not always clear. It is necessary to surround yourself with advisors who help you implement the quality management system. For example, a term that is often asked is quality management. Definition of Quality Management Quality management is a set of actions and tools that … Read more

What is Productivity? Definition, types, examples

It is defined as the relationship between productive activity and the means that are necessary to achieve it. Being these means of the technological, human or infrastructure type. It can also be understood as the production obtained by a productive system using certain resources for this purpose. Productivity should be perceived primarily as an efficiency … Read more

Meaning of Coexistence Rules (What are they, Concept and Definition)

What are Coexistence Rules: The rules of coexistence are a set of rules established in a social group in order to guide and facilitate relations between subjects and ensure the proper development of work and daily life, all based on tolerance, mutual respect, fulfillment of duties and rights and respect for the rights of others. … Read more

Meaning of Sociocultural Theory (What is it, Concept and Definition)

What is Sociocultural Theory Sociocultural theory is a stream of psychology developed by Lev Vygotsky (Russia, 1896-1934), according to which learning and knowledge acquisition results from social interaction. In this sense, it can be said that sociocultural theory is a learning theory. According to Vygotsky’s sociocultural theory, the cognitive development of individuals is directly related … Read more

Budget item – Definition, what it is and concept

A budget item is an epigraph of a budget which carries out a forecast of income necessary to deal with expenses Planned for an exercise. In a simple way, it consists in calculating the expenses that are going to be incurred in a specific item of a budget and from this data, provide a series … Read more

Treasurer – Definition, what it is and concept

A treasurer is a corporate position whose main task is the management of monetary funds (money) of an institution and related economic movements. In this way, anyone who is responsible for keeping the accounts of a business, association, club members or similar, is a treasurer. It is perhaps one of the positions of greater responsibility, … Read more

Excess liquidity – Definition, what it is and concept

Excess of liquidity From a macroeconomic point of view, it is a situation in which the banking system has more money in circulation than the banks demand and this generates an excess of money supply. From the microeconomics it is a situation in which the company has an excess of treasury that does not produce … Read more

Excess Credit – Definition, what it is and concept

Excess of credit From a microeconomic point of view, it is a situation in which the debtor needs to have an amount of money greater than that established in the credit limit granted. In a macroeconomic aspect it refers to a situation in which banks lend more money than necessary for investments. In a simple … Read more

Administration – Definition, what it is and concept

Administration is the process that seeks through the planning, organization, execution and control of resources to give them a more efficient use to achieve the objectives of an institution In fact, for the administration to achieve its objectives, it is necessary to make use of a coordinated form of the human, intellectual, material, technological and … Read more

Comparison N26 vs Revolut: Which card is better?

Apparently, mobile banking, through the rise of neobank, is becoming the first choice for Spaniards and Europeans. The appeal of these digital banks It is undeniable, so in this review we have decided to make a comparison between Revolut and N26. Which card is better? We will give you our verdict at the end. What … Read more

What is taxable interest

Taxable interest refers to those income associated with an interest charge from positive economic and financial activities for the company. This implies two things, on the one hand, that the interests credited in favour in the accounting books are subject to subsequent taxes. This means that they do not represent a net profit until after … Read more

Maslow’s pyramid How to discover your needs and motivations?

Maslow’s pyramid or the “hierarchy of needs” theory It has great popularity in the world of psychology and business management. Created by Abraham Maslow, it is responsible for describing the circumstances that are necessary for the psychological well-being of the individual. No matter what profession you exercise, Maslow’s theory can help you understand your needs … Read more

Qualitative and quantitative research: What it is and its Characteristics

What is qualitative and quantitative research? Qualitative and quantitative research refers to two research models of the social, humanistic and administrative sciences. They imply important differences in terms of the object of study, the approach, the approach, the method and, finally, the relationship between the researcher and the object of study. These research paradigms are … Read more

Remittance – Definition, what it is and concept

A remittance in general can be defined as sending money in cash, checks or transfers from one country to another. Also a consignment can be understood as an international transfer of money, because it is sent from one person to another, it is international because to be a remittance the destiny of money must be … Read more

Administrator – Definition, what it is and concept

An administrator is the person who is responsible for carrying out the administrative task through the planning, organization, direction and control of all tasks within a social group or an organization to achieve the objectives through the efficient use of resources. However, the administrator is the person in charge of the group he directs, coordinating … Read more

The 20 best educational gamification applications

Learning has always been a challenge for people. There are those who acquire knowledge in a simpler and faster way, but there are also those who cost them a little more. Therefore, there are different academic strategies that somehow seek to facilitate the learning process, whether in children, youth or adults. One of the most … Read more

What is gamification? Real applications and examples

The game is much more than a form of fun, as neuroscience has shown. It has been discovered that it is a very useful resource for learning not only for children but also for adults. The game, used in the right way, offers a different way of learning and can bring benefits not only at … Read more

Framework: What it is, What it is for

What is a framework? Framework It is an adaptable structure consisting of a set of elements that allow executing projects of various kinds in a more organized and efficient way, especially in the area of ​​programming. Framework It is an English language term that is translated as “framework” or “working environment”. In the development of … Read more

What a CRM software and what is it for? Advantages, types and examples

As an integral part of the digital transformation, customer relationship management software represents a standard of business efficiency. Due to its current importance, in this article we will discuss what a CRM is and what it is for, its advantages, types and what you can expect with the implementation in your business. What is a … Read more

Types of interview

An interview is a conversation or exchange of ideas between two parties (interviewer and interviewee) in order to obtain valuable information. Based on this, there are several types of interviews that can be classified according to the scope in which they are carried out or the way in which they are conducted. In all cases, … Read more

What are the chromatic colors?

What is the chromatic circle? A color circle is a tool in which the colors visible by the human eye are ordered. In this color wheel a range of colors interact according to their hierarchy (primary, secondary or tertiary colors) so it is used as a resource to make harmonic or contrasting color combinations. Traditional … Read more