Economics

Economics

basics of economics

Industry: Economy

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Economics

Behavioural economics

Economy; Economics

A branch of economics that concentrates on explaining the economic decisions people make in practice, especially when these conflict with what conventional economic theory predicts they will do. ...

Bear

Economy; Economics

An investor who thinks that the price of a particular security or class of securities (shares, say) is going to fall; the opposite of a bull.

One one-hundredth of a percentage point. Small movements in the interest rate, the exchange rate and bond yields are often described in terms of basis points. If a bond yield moves from 5. 25% to 5. ...

Basel 1 and 2

Economy; Economics

An attempt to reduce the number of bank failures by tying a bank's capital adequacy ratio to the riskiness of the loans it makes. For instance, there is less chance of a loan to a government going ...

Barter

Economy; Economics

Paying for goods or services with other goods or services, instead of with money. It is often popular when the quality of money is low or uncertain, perhaps because of high inflation or ...

Barriers to entry

Economy; Economics

How firms keep out competition--an important source of incumbent advantage. There are four main sorts of barriers. * A firm may own a crucial resource, such as an oil well, or it may have an ...

Bankruptcy

Economy; Economics

When a court judges that a debtor is unable to make the payments owed to a creditor. How bankrupts are treated can affect economic growth. If bankrupts are punished too severely, would-be ...