Economics
Articles in this category
Balance of trade
The balance of trade represents the monetary difference between a nation's exports and imports of goods (and sometimes services) over a specific time. A country achieves a trade surplus when exports surpass imports, while a deficit occurs when imports are greater; notably, modern economists widely reject the idea that trade deficits ar...
Economic theory of museums
The economic theory of museums, a relatively recent field of cultural economics, emerged in the 1980s to analyze how these institutions function economically, treating them as either economic units with inputs and outputs or as neoclassical agents maximizing objectives under resource constraints. This analysis critically examines how d...
Corporate finance
Corporate finance is a crucial field that deals with how businesses secure funding, manage their capital structure, and strategically allocate resources to maximize shareholder value. It primarily encompasses capital budgeting, for deciding long-term investments, and working capital management, for han...
Financial market
Financial markets are crucial systems where individuals and institutions trade various financial assets, including stocks, bonds, derivatives, and commodities like oil or gold, typically with low transaction costs. These markets operate through organized exchanges, such as the New York Stock Exchange (NYSE) or ...
Microeconomics
Microeconomics is a fundamental branch of economics that examines how individuals and firms make decisions regarding scarce resources and interact within markets. It focuses on individual markets, sectors, or industries, contrasting with macroeconomics which studies the economy as a whole. A key goal is to analyze market mechanisms tha...
Prediction market
Prediction markets, also known as betting or information markets, are open exchanges that leverage financial incentives to predict specific outcomes, with market prices reflecting the crowd's aggregated probability for an event. This concept, often called "the wisdom of the crowd" (first noted by Francis Galton in
Cameroonian economic crisis
The Cameroonian economic crisis, a severe downturn from the mid-1980s to the early 2000s, brought rising prices, trade deficits, and a loss of government revenue. While President Paul Biya's administration blamed a steep fall in export commodity prices, critics and many Cameroonians pointed to poor government management and widespread ...
Economic development
Economic Development: Improving Well-being Beyond Mere Growth
Economic development is a comprehensive process aimed at enhancing the economic well-being and overall quality of life for nations, regions, or individuals, differing significantly from simple economic growth. While economic growth primarily measures ...
Monetary policy of China
China's monetary policy, overseen by the People's Bank of China (PBoC) established in 1948, strategically targets the stability of the Renminbi and supports economic growth. The PBoC's framework has significantly evolved, moving from direct credit controls in 1998 to indirect management, now utilizing broad money supply (M2) and total ...
Manitoba Finance
Here is a comprehensive summary of the Wikipedia article on Manitoba Finance:
Manitoba Finance is the provincial department responsible for managing Manitoba's fiscal resources, taxation policies, and allocating funds, headed by the Minister of Finance. This crucial portfolio holds the distincti...
Outline of finance
Finance is the comprehensive study and practice of how individuals and organizations acquire, manage, and allocate monetary resources over time, while actively assessing and managing the inherent risks involved. It delves into fundamental concepts such as capital, debt, interest rates,...
History of microeconomics
Microeconomics: The Study of Individual Decisions and Its Utilitarian Roots
Microeconomics investigates how individuals and small organizations make decisions about allocating limited resources, a field that evolved from neoclassical economics' efforts to apply mathematical reasoning to economic concepts. Philos...