COVID-19 disrupted the circular flow of income, which illustrates the flow of goods and money between households, businesses, and governments. The pandemic has caused significant disruptions, including reduced consumer spending, business closures, and decreased government revenue, leading to...

The circular flow model illustrates the flow of monetary transactions within a given society. Money flow in an economy is characterized by transferring funds from producers to workers in wages, which subsequently circulate back to producers as payment for goods and services. Results show that an...

Recognizing the importance of market structure is essential for businesses, policymakers, and consumers, as it can affect market outcomes and welfare. There are few local publications the researcher also looked at research conducted in other countries and the Philippines. The primary objective...

Inflation and unemployment are two important macroeconomic variables that affect our daily lives. This literature review will present the correlation of unemployment and rising inflation and their effects on people’s well-being as well. A historical 10-year data on inflation and unemployment...

The elasticity theory of demand and supply is a fundamental economic concept that explains how price changes affect the quantity demanded and supplied of a product or service. This paper explores the real-world application of the elasticity theory of demand and supply. Specifically, it examines...

This study of the relevant literature focuses on the variables that lead to an increase in onion prices and the government’s function in the pricing system. To be more specific, uncovering the variables that lead to the rise in the price of onions in the Philippines, as well as identifying the...

The current digital revolution may dramatically shift the traditional monetary exchange mechanism. This article examines the significant implications of central bank digital currencies (CBDC) on the pillars of the central banking system. In particular, this literature review intends to...

The educational sector always comes first and receives the biggest funding contribution due to the fact that it is ingrained in the fiscal policies and budget allocations of the vast majority of countries. Comparative analysis can be used to assess the fiscal policies of Malaysia and the...

This research aims to identify the challenges and opportunities of the Philippine government's role in the economy. The study draws on a range of sources that discuss the role of government in market economies, fiscal policy, financial markets, environmental protection, innovation,...

Public health policy aims to reduce unhealthy behaviors while promoting positive health outcomes. To address the harmful impact of sugar-sweetened drinks, a tax policy has been introduced to reduce their consumption. The policy seeks to discourage people from drinking these liquids by...