cover
Contact Name
Rita Alfin
Contact Email
rita.alfin15@gmail.com
Phone
+6287784901121
Journal Mail Official
efe.tintaemas@gmail.com
Editorial Address
Jl. Sultan Salahudin, Tj Karang, Kec. Sakarbela, Kota Mataram, Nusa Tenggara Barat.
Location
Kota mataram,
Nusa tenggara barat
INDONESIA
Economy and Finance Enthusiastic
Published by Tinta Emas Publisher
ISSN : -     EISSN : 29886937     DOI : https://doi.org/10.59535/efe
Core Subject : Economy,
"Economy and Finance Enthusiastic" (EFE) is a peer-reviewed journal dedicated to advancing the understanding and knowledge of various aspects within the fields of economy and finance. EFE provides a platform for researchers, scholars, practitioners, and policymakers to engage in scholarly discourse and contribute to the exploration of key issues, trends, and developments in the realms of economics and finance. Focus of the Journal The primary focus of "Economy and Finance Enthusiastic" encompasses the exploration and analysis of theories, concepts, and practices that shape and influence economic and financial systems. The journal aims to provide insights into how economic and financial phenomena impact individuals, societies, businesses, and governments. By examining these factors, the journal aims to contribute to informed decision-making, policy formulation, and sustainable economic development. Scope of the Journal "Economy and Finance Enthusiastic" invites submissions of original research articles, reviews, case studies, and theoretical papers that address a wide and evolving range of topics within the fields of economy and finance. The scope of the journal includes, but is not limited to, the following areas: Macroeconomics and Microeconomics: Analysis of economic behavior, market dynamics, and policy implications at both macro and micro levels. Financial Markets and Institutions: Exploration of financial instruments, market structures, banking systems, and regulatory frameworks. Corporate Finance and Investments: Studies on financial management, capital allocation, investment strategies, and risk assessment in corporations. International Finance and Trade: Research on global economic integration, cross-border investments, trade policies, and currency dynamics. Public Finance and Fiscal Policies: Examination of government expenditures, taxation, public budgeting, and fiscal strategies. Behavioral Economics and Finance: Investigations into psychological factors influencing economic and financial decision-making. Sustainable and Ethical Finance: Analysis of environmentally and socially responsible financial practices, impact investing, and ethical considerations. Emerging Technologies and Fintech: Study of technological advancements, digital currencies, blockchain, and their implications for finance. Data Analytics and Quantitative Methods: Application of data-driven approaches, modeling, and quantitative techniques in economic and financial research. The scope of "Economy and Finance Enthusiastic" is dynamic and forward-looking, reflecting the evolving nature of economic and financial landscapes. The journal encourages interdisciplinary research that anticipates future challenges and opportunities, providing valuable insights that can inform strategies for sustainable economic growth and financial stability.
Articles 5 Documents
Search results for , issue "Vol. 3 No. 1 (2025): January-June" : 5 Documents clear
The Phenomenon of De Gustibus Non Est Disputandum and Experience-Based Marketing Instruments: A Case Study of Visitors to Bivak Terrace Coffee Shop Alvina Rahma Anggraeni; Risha Fatikha Sari; C.J. Lagerkvist; Muhammad Imam Taufiq; Sina Nematizadeh
Economy and Finance Enthusiastic Vol. 3 No. 1 (2025): January-June
Publisher : Tinta Emas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/efe.v3i1.332

Abstract

This study explores the impact of experiential marketing and perceived quality on the purchase decisions of processed coffee products at Bivak Terrace coffee shop in South Tangerang. Using a purposive sampling method, data were collected from 43 respondents and analyzed using Structural Equation Modeling Partial Least Square (SEM-PLS). The results indicate that experiential marketing significantly influences purchase decisions, whereas perceived quality, despite having a positive impact, does not significantly affect consumer purchase decisions. The findings suggest that experiential elements such as packaging and consumer experience play a more crucial role than product quality alone in influencing purchase decisions. The study recommends enhancing product quality to better satisfy consumers and maintain competitive advantage.
Determination of Leading Sectors in West Nusa Tenggara Province Using the Input-Output Approach Siti Sarah NH; Sahri, Sahri; I Dewa Ketut Yudha; Najmeh Sajedianfard; Joanna Maria Kozak; Amin Osama Shammout
Economy and Finance Enthusiastic Vol. 3 No. 1 (2025): January-June
Publisher : Tinta Emas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/efe.v3i1.432

Abstract

The increase in added value generated by economic units based on business sectors is one of the main drivers of economic growth. High economic growth is often used as an indicator of successful economic development in a region. However, not all sectors contribute equally to this growth, making it essential to identify key sectors with strong intersectoral linkages within the economic system. This study employs a descriptive quantitative method by analyzing secondary data obtained from the Central Bureau of Statistics (BPS) of West Nusa Tenggara (NTB) for the year 2021. The analysis utilizes an input-output approach to determine priority sectors based on the Dispersion Power Index (DPI) and Sensitivity Index (SID). The Dispersion Power Index measures backward linkages, indicating the extent to which a sector stimulates other sectors through input demand. Meanwhile, the Sensitivity Index measures forward linkages, reflecting the sector’s dependence on other sectors through output sales. The findings reveal that the manufacturing industry, electricity and gas supply, and transportation and warehousing sectors exhibit high DPI and SID values, making them strategic sectors in driving NTB’s economic growth. Additionally, the agriculture, forestry, and fisheries sectors demonstrate high SID values despite having relatively lower DPI, highlighting their significant role in the regional economy. Therefore, NTB’s economic development strategy should prioritize sectors with high linkage indices while also designing policies to support sectors with lower indices to ensure balanced and sustainable economic growth.
Optimizing Marketing Strategies and Porter’s Five Forces Analysis to Enhance Visitor Engagement Habibur Rahman; Fazila Akrami; Mary Gregory; Kristi Kõiv; Sveta Berdibayeva; Garth Lipps; Deborah Yazhini Charles; Shupikai Zebron
Economy and Finance Enthusiastic Vol. 3 No. 1 (2025): January-June
Publisher : Tinta Emas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/efe.v3i1.335

Abstract

Sentul Adventure is a tourism destination known for its rural charm and natural beauty, offering attractions such as river tubing, camping, outbound activities, and rice fields. However, since May 2018, the destination has seen a decline in visitor numbers due to increased competition and the availability of substitute products in the area. To address this, research was conducted to propose alternative strategies to increase visitor numbers. The study utilized the 7P marketing mix to analyze internal conditions and Porter’s Five Forces to assess external factors. Additionally, the Competitive Profile Matrix (CPM) was used to evaluate Sentul Adventure's position relative to its competitors, with further weighting through the Analytical Hierarchy Process (AHP). The SWOT matrix, Grand Strategy Matrix, and Internal-External (IE) Matrix were then employed to match strategies, followed by the use of the Quantitative Strategic Planning Matrix (QSPM) to select and analyze the recommended alternative strategies. The results revealed that the marketing mix approach identified 32 factors, while Porter’s Five Forces highlighted 19 factors. Sentul Adventure achieved the highest score among competitors in the CPM analysis. In the Grand Strategy Matrix, the destination was placed in a quadrant indicating strong market growth but weak competitive positioning. The IE Matrix placed Sentul Adventure in a quadrant that suggests a need for strategic improvements. Ultimately, the study identified market penetration, market development, and product development as the most suitable strategies, with market penetration emerging as the top alternative after analysis through the QSPM.
Analysis of Budget Solvency in Regencies/Cities of West Nusa Tenggara Province 2019–2023 Hidayanti, Septiana Rizkika; Sriningsih, Siti; Wafik, Ahmad Zaenal
Economy and Finance Enthusiastic Vol. 3 No. 1 (2025): January-June
Publisher : Tinta Emas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/efe.v3i1.460

Abstract

Budget solvency is a critical indicator of a local government's ability to meet its financial obligations and sustain essential public services over time. In the context of increasing demands for fiscal accountability and regional autonomy, assessing the financial health of local governments has become increasingly urgent, particularly in regions with diverse economic capacities such as West Nusa Tenggara Province. This study aims to analyze the budget solvency of municipal and regency governments in West Nusa Tenggara Province from 2019 to 2023. The research employs a descriptive quantitative approach. The data used in this study are secondary data from the Budget Realization Reports of regency and municipal governments in West Nusa Tenggara Province for the 2019–2023 period. Budget solvency is assessed through a three-stage calculation: (1) computing four solvency ratios related to revenue and expenditure; (2) standardizing these ratios into index values using normalization; and (3) averaging the index values to obtain the budget solvency dimension index. Budget solvency analysis is conducted using calculations of the budget solvency ratio, the budget solvency ratio index, and the budget solvency dimension index, which serve as the final measures of budget solvency. Based on the analysis results, it was found that the budget solvency of regencies and municipalities in West Nusa Tenggara Province shows relatively good outcomes and exceeds the financial health indicators for local government budget solvency.
The Role of Financial Education, Additional Income and Consumption Patterns in Improving the Financial Resilience of Surabaya City Students Feriona Ayurizta Iliyas; Amalia Tizka Zhahrina; Linda Afifah; Devi Nadia Agustina; Maria Yovita R. Pandin
Economy and Finance Enthusiastic Vol. 3 No. 1 (2025): January-June
Publisher : Tinta Emas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/efe.v3i1.511

Abstract

Seeing the development of today's times, quite a lot can be a factor that affects the financial resilience of students. Looking at the facts, the majority of students still have difficulty in managing their consumption patterns and financial arrangements. Therefore, we compile this research to be able to provide understanding as well as useful insights for students in the process of financial management, managing additional income, consumption patterns to hopefully increase financial resilience for students. This research uses a quantitative approach through the Google form survey method that we have distributed to the scope of the city of students in the Surabaya City area. The place of our research and the preparation of this research is in Surabaya, East Java. The results of this study show that there is a relationship between the role of financial education, additional income and consumption patterns in increasing the financial resilience of students. Therefore, it is necessary to teach financial education as early as possible, so that it will increase understanding related to financial literacy for both children, students and adults.

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