Economics

Economics

basics of economics

Contributors in Economics

Economics

Getting more money from an economic investment than you needed to justify investing. In perfect competition, the factors of production earn only normal returns, that is, the minimum amount of wages, ...

Replacement cost

Economy; Economics

What it would cost today to replace a firm's existing assets.

Replacement rate

Economy; Economics

The fertility rate required in a country to keep its population steady. In rich countries, this is usually reckoned to be 2. 1 children per woman, the extra 0. 1 reflecting the likelihood that some ...

Repo

Economy; Economics

An agreement in which one party sells a security to another party and agrees to buy it back on a specified date for a specified price. Central banks deal in short-term repos to provide liquidity to ...

Required return

Economy; Economics

The minimum expected return you require from an investment to be willing to go ahead with it.

Rescheduling

Economy; Economics

Changing the payment schedule for a debt by agreement between borrower and lender. This is usually done when the borrower is struggling to make payments under the original schedule. Rescheduling can ...