Economic Conditions

14 October 2010

Kinked Demand Theory

The Kinked Demand Theory or the Kinked Demand Curve Theory is explained with respect to monopolistic competition and oligopoly. In fact, the development of the Kinked Demand Theory acted as a challenge to the Classical economic theories, especially the fast-changing...

14 October 2010

Game Theory in Supply

Game Theory in Supply has been successfully used for quite some timed now. The game theory has gained a lot of emphasis and has become a necessary tool for analyzing the supply chains with multiple agents whose objectives are different....

14 October 2010

Theory of Labor Supply

The Theory of Labor Supply defines the supply of labour as the number of workers willing to and able to work for a specific wage rate in a given industry. The Theory of Labor Supply defines the supply of labour...

14 October 2010

Time Preference Theory of Interest

In economics, the Time Preference Theory of Interest is concerned with the relation between increase or decrease in the rate of interest with respect to time periods. According to this theory, the variation in the premium or the interest rate...

14 October 2010

Macroeconomics

According to Economypedia, "macroeconomics is the study of 'big picture' economics that relates to countries, regions or organisations as a whole, rather than individuals or families. It analyzes economic principles as related to unemployment, inflation, industry, and government." Economypedia entry...

14 October 2010

Theory of Exchange Rate Determination

Theory of Exchange Rate Determination can be explained using different approaches. In the following section we have dealt with some of them. Theory of Exchange Rate Determination can be explained using different approaches. In the following section we have dealt...

14 October 2010

Recession

Recession is the overall slowdown in the economic activity of a country/geographic area extending over a sustained period. While some experts define recession as an economic slowdown that lasts for more than three months, others take the timeframe as six...

14 October 2010

Depression

Economic depression is a severe and prolonged period of downturn. For a downturn to be classified as depression, the generally accepted definition calls for a decline of at least 10% in GDP and for a period of at least three...

14 October 2010

Purchasing Power Parity Theory of Exchange Rate

Purchasing Power Parity Theory of Exchange Rate is a theory, which establishes the fact that the exchange rates between currencies are in equilibrium in the event of equality in the purchasing power of each of the countries. This precisely means...

14 October 2010

Singapore Economic Indicators

Singapore economic indicators help in analyzing Singapore's economy. Strategic economic policies adopted by this nation, has turned it into one of Asia's strong performers. Various statistical details are available that could be used as indicators for Singapore's economy. Singapore Ministry...

14 October 2010

Philippines Economic Indicators

About Philippines economic indicators About Philippines economic indicators There are a number of Philippines economic indicators that cover various aspects of this South East Asian country's economy. Major areas covered by economic indicators Philippines are accounts,, national income, information and...

14 October 2010

US Economic Indicators

About USA economic indicatorsUS economic indicators provide an overview of economical condition persisting in that country. Economic indicators US are brought out by various economic organizations functioning within US at definite intervals of time. Gross domestic productGross domestic product is...

14 October 2010

Australia Economic Indicators

About Australia economic indicators Australian economic indicators provide detailed information on various sectors of Australia's economy. They are brought out by several financial bodies in Australia and cover different aspects of Australian economy. Australian National Accounts About Australia economic indicators...

14 October 2010

Economic Indicators

Economic indicators or business indicators are markers about an economy. Future performance predictions and economic performances can be analyzed through these indicators. There are economic summaries, various indices, and earnings reports like housing, unemployment, bankruptcies, Consumer Price Index (a measure...

14 October 2010

India Economic Indicators

India economic indicators are important as they provide an accurate account of state Indian economy at various points of time. There are various types of Indian economic indicators that deal with different periods of time and there are others that...