The Economic Term of The Week simply means, an unmanaged resource in a world with limited wealth materials and unlimited desires ends up in ruin. Tragedy of The Commons majorly depends on; ✓ Number of users wanting to consume a resource/common at hand ✓ Consumption nature of users of the common/resource ✓ The Relative Robustness of the common/resource. Whereas Tragedy of The Commons might lead to depletion of resources due to overuse, such a situation can be countered from future occurrence by developing better policies to ensure resources are used sustainably and efficiently. #economicempowerment #economicterms #economicpolicies #learnbykuesaku
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KUESA IN PARTNERSHIP WITH 🔖NRG Radio 🔖Red bull 🔖Pizza Inn 🔖Kasneb 🔖Galitos 🔖I & M 🔖 Chicken Inn 🔖Alkhemy Brands 🔖Nestle 🔖Trufoods 🔖Simbisa Brands 🔖Karatasi 🔖Kenyan Originals 🔖Creamy Inn 🔖87.7 fm choice Radio 🔖McKinsey & Company *Be there or hear about it‼️* Stay in the know with KUESA: https://lnkd.in/dnafq2sS #KUESA #TalentExpo2024 #BeyondTheeStage #FosteringEconomicLeadership
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🔍TERM OF THE WEEK: FISCAL CONSOLIDATION 🫧Ever wondered how the government keep their financial house in order? Fiscal Consolidation is the key! Can be done through: ▫️Raising taxes ▫️ Broadening the tax base ▫️Improving tax collection ▫️Reducing expenditures on subsides, public sector wages, capital spending. 🫧 ADVANTAGES ▫️Can restore investors confidence ▫️Reduce interest payments on debt ▫️Create fiscal space for future spending 🫧DISADVANTAGES ▫️Tax hikes can dampen Economic activity ▫️Reduced public service 🫧Effectiveness depends on: ▫️Overall Economic climate ▫️Specific measures implemented ▫️Credibility of the government's commitment to the process Learnt something new? Catch KUESA on https://lnkd.in/dnafq2sS #KUESA
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*SEPTEMBER IS CALLING AND BISHOP SQUARE IS THE PLACE TO BE 🥳* 🫧 *From mind-bending Economic Trivia to breathtaking performances and activities like:* ⚽Soccer 🎤Karaoke 💃🏼Modelling 🏊♀Swimming 🎨ColourFest 🎲Chess/Scrabble 📈Economic debates 🫧 *This is where brilliance meets excitement!!! And just when you think it's over, the afterparty promises to keep the vibes alive🔥* *🫧Join KUESA from the 9th - 11th September for a thrilling three day experience at the KU Main pitch and Bishop Square✨ Let all the 18 schools embrace this opportunity.* https://lnkd.in/dnafq2sS *🫧Curious? Intrigued? Can you feel the excitement?* *Be there or hear about it‼️* #KUESA #TalentExpo2024 #BeyondTheeStage #FosteringEconomicLeadership
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💡A balanced budget is a financial blueprint for stability and growth. 💰Why is it important? 🔰It provides economic stability 🔰It ensures resources are used efficiently, hence sustainable economic growth 💰How is it achieved? 🔰Predicting income and expenses accurately 🔰Prudent spending 🔰Exploring diverse income streams to ensure consistent revenue flow 💡Whether you're managing a household, a nation, or a business embracing a balanced budget can pave the way to financial success! 💡Join our WhatsApp broadcast channel today to stay updated and connected:https://lnkd.in/dnafq2sS #kuesaku #econfacts
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*1 DAY TO THE ECONOMICS KITCHEN 🍽️* An exclusive members edition where the topic NAVIGATING ECONOMIC CHALLENGES continues to broil🔥 Let's meet at *the economics kitchen*🧑🍳 and discuss _the public debt, expenditure, and role of IMF_ 💡Google Meet joining info: Video call link: https://lnkd.in/dAV8qAzw Date📅: 18th July 2024 Time🕕: 7:00PM-8:30PM Stay in the know with KUESA on : https://lnkd.in/dnafq2sS #KUESA🤍🤍💚💚 #TheEconomicsKitchen #Fostering Economic Leadership
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*2 DAYS TO THE ECONOMICS KITCHEN🍽️* An exclusive members edition where the topic NAVIGATING ECONOMIC CHALLENGES continues to broil🔥 Let's meet at *the economics kitchen*🧑🍳 and discuss _the public debt, expenditure, and role of IMF_ 💡Google Meet joining info: Video call link: https://lnkd.in/dAV8qAzw Date📅: 18th July 2024 Time🕕: 7:00PM-8:30PM Stay in the know with KUESA on : https://lnkd.in/dnafq2sS #KUESA🤍🤍💚💚 #TheEconomicsKitchen #Fostering Economic Leadership
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*THE ECONOMICS KITCHEN🍽️* An exclusive members edition where the topic NAVIGATING ECONOMIC CHALLENGES continues to broil🔥 Let's meet at *the economics kitchen*🧑🍳 and discuss the public debt, expenditure, and role of IMF_ 💡Google Meet joining info: Video call link: https://lnkd.in/dAV8qAzw Date📅: 18th July 2024 Time🕕: 7:00PM-8:30PM 💡Stay in the know with KUESA on : https://lnkd.in/dnafq2sS #KUESA🤍🤍💚💚 #TheEconomicsKitchen #Fostering Economic Leadership
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*TALENT AND CREATIVITY MEETS OPPORTUNITY 🥳* 📌 *KUESA being a dynamic community committed to nurturing your ambitions and aspirations avails yet another opportunity!* 📌 *Come 18th September, KUESA cordially invites you to the grand KU TALENT EXPO🔥* 📌 *We are calling on all innovators, creators and visionaries across all 18 schools to embrace this opportunity✨* #KUESA #TalentExpo #FosteringEconomicLeadership
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✓ Venture capitalists (VCs) are like investors for promising startups🎯 ✨Startups need funding in early stages.This initial funding, called seed funding, can come from angel investors, crowdfunding or VCs. ✨Not only are they money providers but they often offer guidance and advice to startup founders. In exchange for the high risk they take, VCs get a significant say in company decisions and a large ownership stake. ✨Venture capital is a good option for startups that are too small for public markets or traditional loans. VCs help create a network of support for new businesses. However, it's important to remember that VC decisions can sometimes be biased. ✓ Stay in the know with 💚KUESA🤍: https://lnkd.in/dnafq2sS #TeamKUESA
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♻️What effect does this tax have on the economy? ♻️What does this mean to the local mwananchi? ♻️Is it a visionary approach to ensure that digital businesses contribute equitably to economies worldwide, wherever their operations thrive? Stay in the know with 💚KUESA🤍 Catch us on: https://lnkd.in/dnafq2sS #TeamKUESA #FinanceBill2024 #FosteringEconomicLeadership
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