Xave D. Morgan Says': "The Economic System Is the Heartbeat of Every Industry"
I’ve said before that business is the heartbeat of every industry — and I still stand on that. But today, I want to take it deeper: Business is the vessel. Economics is the system. And if we don’t understand the system, the business will eventually flatline. A lot of people hear “economics” and think it’s only about Wall Street, stock markets, government policy, or rich people in suits making decisions somewhere far away. No. Economics is your daily operations . It’s your pricing. It’s your payroll. It’s your inventory. It’s your time. It’s your customer behavior. It’s your supply chain. It’s your ability to sustain what you built. That’s economics. Micro and macro both matter Microeconomics deals with what’s happening at the level of individual markets, businesses, buyers, and sellers. Macroeconomics looks at the bigger picture — inflation, employment, growth, policy, and how the overall economy is moving. They are different lenses, but they work together. So w...