• Skip to main content
  • Skip to primary sidebar
  • Investment
  • Human Resource
  • Business Management
  • Marketing
  • Economics
  • Accounting

The Investors Book

Learn about Investing & Business related terms

Economics

Monetary Policy Vs Fiscal Policy

January 24, 2019 by Anjali J Leave a Comment

Both monetary policy and fiscal policy go hand in hand when it comes to the economic stability and growth of a nation. The most significant difference between the two is that monetary policy is introduced as a corrective measure by the central bank to control inflation or recession and strengthen the Gross Domestic Product (GDP). Whereas, fiscal policy is implemented each year … [Read more...] about Monetary Policy Vs Fiscal Policy

Public Goods Vs Private Goods

January 11, 2019 by Anjali J 1 Comment

Public goods, as the name suggests, are for the facility and welfare of the public in general for free of cost. Whereas, private products are the ones which are sold by private companies to earn profits and fulfil the needs of the buyers. This is a significant difference between these two types of goods. However, both public goods and private goods are for the consumer's … [Read more...] about Public Goods Vs Private Goods

Demand Forecasting

November 3, 2018 by Anjali J Leave a Comment

Definition: Demand forecasting refers to a scientific and creative approach for anticipating the demand of a particular commodity in the market based on past behaviour, experience, data and pattern of related events. It is not based on mere guessing or prediction but is backed up by evidence and past trends. Example: A printing press owner forecasts high demand for notebooks … [Read more...] about Demand Forecasting

Demand in Economics

November 1, 2018 by Anjali J Leave a Comment

Definition: Demand in economics can be defined as the quantity of a commodity which a customer who is willing and capable of paying for it, wants to acquire at the given market price within a given period. It acts as a base for the production of goods and services. A business forecast its sale and estimates the potential market by the demand which a product creates in the … [Read more...] about Demand in Economics

Market Structure

October 30, 2018 by Anjali J Leave a Comment

Definition: A market structure can be understood as a system for categorising the products and services offered by the firms, according to the nature and level of competition in the market. A 'market' in economics is an actual or virtual area where sellers and buyers communicate to carry out trade activities is known as a market in economic terms. Example: Krofet Market in … [Read more...] about Market Structure

Managerial Economics

October 27, 2018 by Anjali J 3 Comments

Definition: Managerial economics is a stream of management studies which emphasises solving business problems and decision-making by applying the theories and principles of microeconomics and macroeconomics. It is a specialised stream dealing with the organisation's internal issues by using various economic theories. Economics is an inevitable part of any business. All the … [Read more...] about Managerial Economics

Law of Diminishing Marginal Utility

October 25, 2018 by Anjali J Leave a Comment

Definition: The law of diminishing marginal utility explains that with the consumption of each subsequent unit of a commodity, the satisfaction anticipated or derived from it goes on declining. The point at which the consumer no more feels the need for consuming a particular product is referred to as the 'Point of Satiety'. This is the point where the marginal utility curve … [Read more...] about Law of Diminishing Marginal Utility

Marginal Utility (MU)

October 23, 2018 by Anjali J Leave a Comment

Definition: Marginal utility (MU) is the utility acquired from consuming an additional unit of a commodity. Utility refers to the ability of a product to fulfil a person's need, want or desire, which keeps on diminishing as the following unit of a commodity is consumed. Formula of MU Though a utility cannot be measured in exact numbers, it is up to the consumer to represent … [Read more...] about Marginal Utility (MU)

Budget Line

October 19, 2018 by Anjali J Leave a Comment

Definition: A budget line is a straight line that slopes downwards and consists of all the possible combinations of the two goods which a consumer can buy at a given market price by allocating all his/her income. It is an entirely different concept from that of an indifference curve, though they are both are essential for consumer equilibrium. The two essential components of … [Read more...] about Budget Line

Indifference Curve

October 16, 2018 by Anjali J Leave a Comment

Definition: An indifference curve is a convex shaped curve depicting the graphical representation of the different combinations deriving the same level of satisfaction to the consumer by considering two commodities. It functions on the principle of the diminishing marginal rate of substitution (MRS). Example: A person went to the grocery store to buy cereals and … [Read more...] about Indifference Curve

  • « Go to Previous Page
  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Go to page 4
  • Go to Next Page »

Primary Sidebar

Most Searched Terms

  • Budget Line
  • Cost Accounting
  • Moral Suasion
  • Financial Intermediaries
  • Benchmarking
  • Sources of Recruitment
  • Human Resource Management (HRM)
  • Sales Budget
  • Cash Management
  • Investment Portfolio Management

Recent Additions

  • Downsizing
  • Indirect Investing
  • Succession Planning
  • Marketing Myopia
  • Service Culture
  • Investment Decision
  • Job Costing in Cost Accounting
  • Sinking Fund Method
  • Reverse Stock Split
  • Meta Market

Categories

  • Accounting
  • Audit
  • Banking
  • Business Management
  • Case Study
  • Economics
  • Finance
  • Human Resource
  • Investment
  • Marketing
  • Operations Management

Copyright © 2023 · The Investors Book · Contact Us · About Us · Privacy