Some very interesting Economic information graphics
- How can you measure a nation’s wealth?
- How much do you earn?
- How rich is the United States?
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What’s with all the economic rent after all?
Gross Rent: Gross Rent refers to the rent paid for the services of land and the capital invested on it. It consists of economic rent, interest on capital invested for improvement of land and reward for risk taken by the landlord in investing his capital.
Definition of Corporate Finance or Managerial Finance: What is Managerial Finance? (Defined)
Managerial or corporate finance is the task of providing the funds for a corporation’s activities. For small business, this is referred to as SME finance. It generally involves balancing risk and profitability, while attempting to maximize an entity’s wealth and the value of its stock.
Definition of Personal Finance: What is Personal Finance? (Defined)
Questions in personal finance revolve around:
- How much money is needed by a person (or a family), and when?
- Where will this money come, and how?
- How to protect against unforeseen personal events, as well as in the external economy?
- How can family assets be best transferred across generations (bequests and inheritance)?
- How does the tax policy (tax subsidies or penalties) affect personal financial decisions?
- How does affect the individual financial capacity?
- How can you for a secure financial future in an environment of economic instability?
Supply demand curve: right shift demand
With supply staying still and demand increasing (right shifting), both the price and quantity supplied are elevated. This is one of the most fundamental and classic graphs in Economics.
Heat Map of Worldwide GDP Real Growth Rate 2007
Heat Map of Worldwide GDP Real Growth Rate 2007
Data source: 2007 CIA World Fact Book
Heat Map of Worldwide GDP (PPP) Per Capita 2008
Heat Map of Worldwide GDP (PPP) Per Capita 2008
Data source: 2008 CIA World Fact Book
Law of Diminishing Marginal Utility
Law of Diminishing Marginal Utility
Q – quantity of good
TU – total utility
MU – marginal utility (ΔTU)
