Economics is a hub of concepts and analytical tools which can prove to be a boon for assisting the manager in arriving on a decisive conclusion and plan their business accordingly. Managerial ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Ryan Eichler holds a B.S.B.A with a concentration in Finance ...

Cambridge Journal of Economics, Vol. 40, No. 3 (May 2016), pp. 727-753 (27 pages) The depiction of the firm in neoclassical theory in terms of a production function is widely recognised as ...

Here's a guide to the law of demand. The law of demand is a basic economics. As the price of at item rises or falls, with all other things staying the same, the demand for it rises or falls. However, ...

Value and volume are concepts used in publications about the economy. However, volume is often mistaken for quantity, which is just one of the three components that make up volume. In this Focus we ...

Structural economic vulnerability is a major obstacle for the development of LDCs. The paper discusses the conceptual, methodological and empirical issues related to the economic vulnerability index ...

With hundreds of concepts and brain biases to choose from, the idea of incorporating behavioral economics into your strategy can be overwhelming. However, it’s incredibly important because all ...