Finance is all about time and risk. It’s basically a study of how people make decisions regarding the allocation of resources over time and the handling of risks of them. Playing with it requires some very fundamental techniques and strategies, which are all indispensable if not enough for success in financial markets. And the idea of present value is one of the most important that will help you value financial assets over time thus making choices between current resources and future gains.
While many of us surely don’t appreciate it from a personal perspective, unemployment is unavoidable in any economy. However, it is not necessarily harmful. In a healthy economy, a certain degree of unemployment indicated as a percentage reflects the fact that there constantly are job seekers and employers voluntarily running after better opportunities for their own good.
Since its inception in 2006, EconGuru has never stopped in delivering useful and original content for eager minds that crave Economics and Finance knowledge. Just yesterday we decided to migrate the entire CMS of EconGuru from hand shaped SSI and PHP scripts to the blogging platform WordPress. It’s one of the finest CMS we can find on the web that is easy to use and customize, secure and handily facilitates multi-authoring. Say goodbye to custom coding and embrace the era of blogging.