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Labor Economics Terms and Theories

With the rise and fall of some major corporations (think GM and Chrysler for one), it bears to know some terms in the economics of labour. Here are some for your reading pleasure. Marginalist Controversy: Criticism of neoclassical labour theorist citing model...

What is an Option? Basic Option Terminology

What is an option? In the stock market there are a variety of financial instruments that sell not only stock, but ‘short or long’ positions based on expectations. Put Options are contracts between a writer (seller or issuer) and a holder (buyer or...

Project Evaluation – Cash Flow Analysis Intro

Cash flow analysis is one of the most important pieces of financial information for a firm. Before approving a loan banks analyze the cash flow of firms to decide whether the companies have the ability to repay a loan. As well, the cash flow analysis before an...

Microeconomics: Competitive Market Behavior

Competitive Behaviour vs. Competitive Market Structure Here are some key terms to begin discussing and understanding competitive behaviors and market structures. Competitive behaviour is the degree to which individual firms compete against each other to gain higher...
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