Law of Diminishing Marginal Utility
Law of Diminishing Marginal Utility Q - quantity of good TU - total utility MU - marginal utility (ΔTU) Author:...
Latest
The Macroeconomics Circulation Flowchart
From a macroeconomic perspective, households, government and firms (corporations) are the 3 fundamental players of money and resources. This flowchart...
Circular flow of income
Firms and households interact and exchange resources in the big Circular Flow of Income illustrated by the diagram below. The...
2007 GDP Nominal Per Capita World Map (IMF)
2007 GDP Nominal Per Capita World Map Data source: International Monetary Fund
Who gives transfer payments?
Transfer payments are given by government of various levels to under-privileged society members like unemployed workers, the elderly who's unable to...
Current GDP, GNP of United States and other countries
As of the most up to date data from authoritative sources such as International Monetary Fund, World Bank and CIA...
What are the Causes of Economic Recession
What is an economic recession? In a perspective as broad as nation wide, or macroeconomically, a recession is a slightly...
Resource circulation in the macroeconomic loops
This flow-chart diagram illustrates how governments, households, corporations and international entities interact in 3 major markets to run the economy...
How to Read a Stock Listing / Quote
Examine the table below. The first two columns in the listing provide the highest and lowest prices at which the...
3 Dimensions of Risk Transfer: Hedging, Insuring and Diversifying (Differences Compared)
One is said to hedge a risk when the action taken to reduce one's exposure to a loss also causes...
What are Insuring and Hedging (Comparison)
There is a fundamental difference between insuring and hedging. When you hedge, you eliminate the risk of loss by giving...
What are Junk Bonds
Junk bonds, also known as high-yield bonds, are nothing more than speculative-grade (low-rated or unrated) bonds. Before 1977, almost all...
What are the Industry Life Cycles
A typical industry life cycle might be described by four stages: a start-up stage, characterized by extremely rapid growth; a...
How Funds Are Sold
Most mutual funds have an underwriter that has exclusive rights to distribute shares to investors. Mutual funds are generally marketed...
Why currency appreciates in real terms during inflation stabilization?
A common thread in the exchange rate-based stabilization experiences we have reviewed is a real currency appreciation accompanied by a...
What are Present Value and Future Value
Finance is all about time and risk. It's basically a study of how people make decisions regarding the allocation of...
Macroeconomic Unemployment Explained
While many of us surely don't appreciate it from a personal perspective, unemployment is unavoidable in any economy. However, it...
EconGuru Economics and Finance Knowledge Base
Since its inception in 2006, EconGuru has never stopped in delivering useful and original content for eager minds that crave...
EconGuru was founded in 2006 by a group of Economics students who are passionate about learning and sharing everything in Economics, Finance, and Business.
The mission is to improve economic and financial literacy of the general public so people can better understand and react to economic problems and make good financial decisions.
We have no social profiles on any network, and if you like us, bookmark EconGuru.com or share us with your friends.