Okoth Douglas

Okoth Douglas

Goals of macroeconomics policy

Definition of Macroeconomics Macroeconomics is the study of the structure and performance of national economies and policies that governments use to try to affect economic performance. Macroeconomics encompasses the examination of aggregate variables in an economy such as total consumption…

What is interest rate parity theory?

Interest parity definition Interest rate parity (IRP) is a theory that helps to explain the relationship between exchange rates and interest rates. It states that the difference in interest rates between two countries should be equal to the difference in…

What are the categories of e-commerce

E- commerce definition Electronic commerce is defined as the use of computer networks to complete business transactions. E-commerce is the use of computer applications communicating over networks to enable buyers and sellers to trade. Examples includes amazon.com, jumia.co.ke, mydawa.co.ke,  …