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Rational Expectations Theory: Definition and Function | ORBITAL AFFAIRS

Rational expectations theory proposes that outcomes depend partly upon expectations borne of rationality, past experience, and available information.
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Finance vs. Economics: A Comprehensive Comparison | ORBITAL AFFAIRS

Learn the differences between finance and economics, two closely related disciplines, and how they inform and influence each other.
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GDP’s Significance | ORBITAL AFFAIRS

GDP is an accurate indicator of the output of an economy, and the GDP growth rate is probably the single best indicator of economic...
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Analyzing Mexico’s GDP in Emerging Markets

Examining the gross domestic product growth and composition of Mexico, the second-largest economy in Latin America.
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Fed to Raise Rates Again: Will CD Returns Surge Higher?

The Fed has already pushed CD rates to record levels—as high as 5.85%. But it still has three 2023 meetings to go. Will it...
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Sovereign Credit Rating: Definition, How They Work, & Agencies

A sovereign credit rating is an independent assessment of the creditworthiness of a country or sovereign entity and how risky investing in it might...
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When do economists prefer using Real GDP over GDP?

The real GDP number is adjusted to remove the effects of inflation, so it is a more accurate gauge of the nation's real output...

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