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Economics is the study of the production, distribution, and consumption of goods and services. Managerial economics involves the use of economic theories and principles to make decisions regarding the allocation of scarce resources. [2] It guides managers in making decisions relating to the company's customers, competitors, suppliers, and ...
Journal of Financial Economics. J. Financ. Econ. The Journal of Financial Economics is a peer-reviewed academic journal published by Elsevier, covering the field of finance. It is considered to be one of the premier finance journals. [1][2] According to the Journal Citation Reports, the journal has a 2020 impact factor of 6.988. [3]
Journal of Development Economics. Journal of Environmental Economics and Management. Journal of Environmental Economics and Policy. Journal of Environmental Management. Journal of Environmental Planning and Management. Journal of the Association of Environmental and Resource Economics. Journal of Transport Economics and Policy.
As inflation fell fast in 2023 and continued to slow this year, Federal Reserve officials were cheered that the steam seemed to come out of the U.S. economy not through rising unemployment but ...
The Lerner index is defined by: where P is the market price set by the firm and MC is the firm's marginal cost. The index ranges from 0 to 1. A perfectly competitive firm charges P = MC, L = 0; such a firm has no market power. An oligopolist or monopolist charges P > MC, so its index is L > 0, but the extent of its markup depends on the ...
The Economic History Review is a peer-reviewed history journal published quarterly by Wiley-Blackwell on behalf of the Economic History Society. It was established in 1927 by Eileen Power and is currently edited by Sara Horrell, Jaime Reis and Patrick Wallis. Its first editors were E. Lipson and R. H. Tawney and other previous editors include M ...
Economies of scope is an economic theory stating that average total cost of production decrease as a result of increasing the number of different goods produced. [2] For example, a gas station that sells gasoline can sell soda, milk, baked goods, etc. through their customer service representatives and thus gasoline companies achieve economies ...
TFW That Feeling When. This is why the touchstone experience of millennials, the thing that truly defines us, is not helicopter parenting or unpaid internships or Pokémon Go. It is uncertainty. “Some days I breathe and it feels like something is about to burst out of my chest,” says Jimmi Matsinger.