EconGuru Economics Guide RSS Syndication

Submit a Guest Post on EconGuru.com!

© Copyright 2006 - 2011 EconGuru.com. All rights reserved. Assets marked and linked to the original sources are hereby used for educational purposes only and are copyrighted by their respective owners.

Subscribe to EconGuru.

What is a Tariff?

The word ‘Tariff’ is Arabic in origin and it basically means ‘that fees need to be paid’. When we use the word ‘tariff’ in economics we are referring to a tax that is placed on imported goods, but it can apply to exported goods as well. There are a number of good reasons why a tariff might be placed on goods, but there are economists who argue against the use of this type of tax – they see it as interfering in the free market.

Read the rest of this entry »

Top 5 Best CPA Books Reviewed

A certified public accountant not only has to pass tough exams to become qualified but is also expected to stay constantly updated. There is a lot of studying involved in this line of work but luckily there are many great books that can help with this. Here is just the top 5 best CPA books reviewed.

Read the rest of this entry »

What is Market Segmentation?

Sometimes it is useful to think of the population of consumers as being made up of different sub-groups. Dealing with all consumers as just one big homogeneous whole can make marketing to them difficult, but when they are divided into smaller groups it makes things a lot more manageable. Market segmentation is an important idea for anyone who wishes to understand or make a profit in today’s market place.

Read the rest of this entry »

What is the Difference Between Debit and Credit When I Use My Bank Card?

Some of us may not be aware of this but it is possible to use our bank card as a debit card or a credit card in a lot of shops. The decision to choose either of these options will have pros and cons and it is therefore a good idea to consider these fully before deciding on either option.  If you are using your bank card as either a credit or debit card the money is still going to be taken from your account.

Read the rest of this entry »

What is the Glass Ceiling?

Many of us will have heard the words “glass ceiling” used as a metaphor to describe how people are unable to pass beyond a certain point. In economic terms this glass ceiling refers to the situation where a person is unable to climb any higher in their profession because of their race, gender, sexual preference, religion, or other factor. It is a contentious issue, but there is little doubt that such blocks to advancement do exist in at least some organizations. During the last few decades there has been a lot of effort to make the playing field a bit fairer, but people will disagree about how much this happened – all though few would doubt that there have been improvements.

Read the rest of this entry »

What Causes Inflation?

If you follow the economic news you will probably have heard the word inflation, used many times; it has also become part of our everyday vocabulary. Despite the fact that most of us will be familiar with the word, we may be a bit unclear about exactly what this is or what causes it to happen. This is a topic that is much debated and of great concern to economists, politicians, business owners, investors, and others. It is something that may be of concern to everyone as inflation can impact us all in one way or another.

Read the rest of this entry »

What is Keynesian Economics?

John Maynard Keynes was a British economist who wrote extensively during the 1920s and 1930s. His work is still considered important today and has since become referred to as Keynesian economics. Up until the 1970s his ideas had a huge impact on government economic intervention in Europe. The economic collapse of 2008 saw Keynes’ ideas once again enter the spotlight, but there has also been a public backlash against the interventionist policies he favored.

Read the rest of this entry »

Top 5 Best Financial Investment Books Reviewed

Financial investment is a topic of great interest to a lot of individuals concerned about their future. As the saying goes, ‘knowledge is power’ and knowing more about this topic should be able to help people make better decisions about investments. There have been a lot of books written on this subject but here are just five of the best financial investment books reviewed.

Read the rest of this entry »

EconGuru Economics Guide

Educating the public since 2006.

As an Amazon Associate, EconGuru earns from qualifying purchases.