Economic indicators are pieces or sets of macroeconomic data that are indicative of the past, present, or future state of the economy or some part of it. Even outside of the realm of finance, the ...
His ideas stem in part from a series of observations he made in graduate school that led him to believe that people’s behavior deviated from traditional economic models in predictable ways. For ...
Their models link one or more economic variables to other economic variables (see “What Are Economic Models,” F&D, June 2011). For example, economists connect the amount individuals spend on consumer ...
Economic moats protect businesses by deterring industry rivals and maintaining market share. Businesses gain moats from brand strength or operational efficiencies, prolonging competitive edges ...
Each year, the Appalachian Regional Commission (ARC) ranks all 3,100 U.S. counties based on economic status, namely by their poverty rate, per capita market income and unemployment rate.
They may then be able to use this knowledge to nudge the economy toward a more desired outcome (for example, avoiding a global financial crisis). An economic model is a simplified description of ...
The book addresses ten economic questions, from, ‘Why are all my clothes made in Asia?’ to ‘What actually is money?’ Along the way, it offers idiosyncratic examples of economics in action ...