The CEB – Council of Europe Development Bank was created in 1956 to finance social projects aimed at supporting the refugee population.

Coase Theorem Concept: Coase Theorem (that in reality is a vision/confirmation and not a theorem) was formulated by Ronald Coase…

Comparative Advantages Concept: It’s said that a country has a comparative advantage (or relative advantage) in the production of a certain good if…

Conflict of interests are situations in which the position of a determined agent does not allow him to comply with full rigor and exemption the tasks entrusted to him by third parties.

Consumption Society Concept: The expression Consumption Society designates a society characteristic of the developed world in which the offer usually…

Demand Concept: In its broadest sense and the economic science scope, the term demand designates an intention to obtain in the market…

Discount Rate Concept: Discount rate designates the interest rate charged by the Central Banks in the loans given to the commercial banks through…

Economic Problem Concept: Economic Problem occurs directly from the existence of a needs’ multiplicity (virtually unlimited), on one hand, and, on the other…

Economic Variable Concept: The term “variable” designates a greatness that can be defined and measured. When we speak about economic variables…

Euro Zone Concept Euro Zone (or Euro Area) is the designation usually given to the group of countries of the European Union who joined the Euro in the sequence of the achievement of the Economic and Monetary Union third phase. The countries belonging to the Euro Zone are subject to a same monetary politic, which […]