Economics

What is the Law of Demand Law of demand state that the price and quantity demanded are inversely related to each other. When the price goes up, the quantity dem…

What is Elasticity of Demand Elasticity of demand is a measure of how a quantity of demand responds to a change in a related factor such as price, income, and c…

What is Price Elasticity of Demand Price elasticity of demand is a measure of how a quantity of demand responds to a change in price. The price elasticity of de…

What are Economic Indicators Economic indicators are tools that indicate the economic well-being (and issue) in the big picture. There are numerous economic ind…

What is Opportunity Cost Opportunity cost is the benefit that you might have gained from choosing the other choice. To obtain the benefit of something, you must…

What is Absolute Disadvantage Absolute disadvantage is the opposite side of the absolute advantage theory. When a country has no absolute advantage in the produ…

What is Yield Curve Control Yield curve control is the policy that the Fed (or any central bank that adopts YCC) will set a target bond yield of a specific matu…

What is the Inflation Inflation is the rate at which the value of a currency decreases and hence the general level of prices for goods and services increases. I…

What is the Search for Yield Search for yield refers to the investors’ behavior that seeking more yield by allocating their investment into higher-risk investme…

What is Pent-Up Demand Pent-up demand refers to an unusual sharply increasing demand for a product or service (or to do something). The pent-up demand is a resu…

What is Yield Curve The yield curve is a line that plots bond yields in different maturity dates. The graph’s horizontal (X-axis) is a line of months or years r…

What is Real Yield Definition? Real yield is the interest rate that an investor receives from the government bonds after deducted with the inflation rate. The r…