Economics

Economics

basics of economics

Industry: Economy

Add a new term

Contributors in Economics

Become a Contributors

Economics

risk free rate

Economy; Economics

The rate of return earned on the risk-free asset. This is an important component of modern portfolio theory, which considers the presence of risky assets and risk-free. Risk-free asset is usually ...

"Real economists don't talk about competitiveness," said Paul Krugman, a much-respected contemporary economist. Real businessmen and real politicians talk about it all the time, however. Many firms ...

boomerang method

Economy; Economics

hurling a buyer's objection back as a reason for buying. If, for example, a buyer objects that he or she cannot afford the item, a salesperson might answer, "Yes, but can you afford not to buy it?"; ...

world bank

Economy; Economics

An institution created with the IMF at Bretton Woods in 1944 and opened in 1946. The World Bank has three main branches: the International Bank for Reconstruction and Development (IBRD), the ...

poverty

Economy; Economics

The state of being poor, which depends on how you define it. One approach is to use some absolute measure. For instance, the poverty rate refers to the number of households whose income is less than ...

Hot Waitress economic index

Economy; Economics

The area's economic health, which uses the attractiveness of serving staff as its metric size offered. theory is that during economic prosperity, attractive people have an easier time landing ...

Legislation

Economy; Economics

Legislation (or "statutory law") is law which has been promulgated (or "enacted") by a legislature or other governing body, or the process of making it.