Economics

Economics

basics of economics

Industry: Economy

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Economics

Reserve currency

Economy; Economics

A foreign currency held by a government or central bank as part of a country's reserves. Outside the United States the dollar is the most widely used reserve currency. Everywhere the Euro is ...

Reserve ratio

Economy; Economics

The fraction of its deposits that a bank holds as reserves.

Reserve requirements

Economy; Economics

Regulations governing the minimum amount of reserves that a bank must hold against deposits.

Money in the hand, available to be used to meet planned future payments or if some other need arises. Firms may put their reserves in a bank, as a deposit. For a bank, reserves are those deposits it ...

Economic indicator

Economy; Economics

A statistic used for judging the health of an economy, such as GDP per head, the rate of unemployment or the rate of inflation. Such statistics are often subject to huge revisions in the months and ...

Economic and Monetary Union

Economy; Economics

In January 1999, 11 of the 15 countries in the European union merged their national currencies into a single European currency, the Euro. This decision was motivated partly by politics and partly by ...

Econometrics

Economy; Economics

A branch of Economics that uses quanitative methods to analyse Economic Theories through the statistical relationships between independant and dependant variables. Econometrics combines the fields ...