EconGuru

You will likely have noticed that currency exchange rates don't tend to be static; in fact they can vary greatly...

Short selling is something you will hear mentioned a lot if you like to watch any of the business TV...

Although there are many people who would disagree with the work of Karl Marx there are few who would doubt...

Adam Smith died over two hundred years ago but he is still considered one of the most important economists of...

Anyone who watches the news is sure to have heard about the World Bank, but there may be some uncertainty...

There are many different groups around the world who would love to see a steady state economy. This ambition is...

Diminishing returns is probably one of the most important concepts in Economic theory. It is so famous that it has...

An important idea in economic theory is economies of scale. If it wasn't for the existence of this phenomena it...

Anyone who saw the award winning film "A Beautiful Mind" will probably have heard of "game theory". This film was...

Those who listen to the financial news may have heard the term 'Keynesian economics' floated around. There may be some...

Yesterday, In Part 1 we discussed economics terminology as it relates to your household budget. Today, let's create a real...

Instead of giving you a definition of economics, I'm going to give you an example that works on a microeconomic...

Whenever people start talking about economics, something in the air changes. For most of us, the air becomes filled with...

The concept of staggered contracting revolves around one primary topic: price. At a glance, staggered contracting seems like something only...

In any economy, one thing is certain: the beginner investor is alive and well. In boom economies, this investor is...

John Maynard Keynes called gold "the barbarous relic". Now, long after Keynes' school of economics became unfashionable, gold is once...

Quantitative Easing is essentially the creation of money. As we live in a digital age, the money is not even...

Visualizing Economics: How can you measure a nation's wealth? How much do you earn? How rich is the United States?...

Gross Rent: Gross Rent refers to the rent paid for the services of land and the capital invested on it....

Managerial or corporate finance is the task of providing the funds for a corporation's activities. For small business, this is...