List: Economics | Curated by Jon Law

May 4, 2024
23 stories
Economics
Jon Law
What is the HHI in economics?The Herfindahl index, known as the Herfindahl–Hirschman Index or HHI, measures the size of firms in relation to the industry they operate…
May 4
May 4
Jon Law
What is UPP in economics?UPP, which stands for Upward Pricing Pressure, is a measure used in merger analysis to determine whether a given merger will result in…
May 4
May 4
Jon Law
What is the Differentiated Bertrand Model?The Differentiated Bertrand Model is a theoretical model used in economics that explores competition and pricing behavior among firms…
May 4
May 4
Jon Law
Economic Rent in the Oil MarketEconomic rent is excess income earned from a resource over the amount that is required to maintain the production and use of the resource.
Dec 27, 2023
Dec 27, 2023
Jon Law
What is Cyclical, Frictional, And Structural Unemployment?Frictional unemployment, structural unemployment, and cyclical unemployment are three different types of unemployment that occur in the…
Dec 8, 2023
Dec 8, 2023
Jon Law
What is Gross National Income? (GNI)GDP differs from Gross National Income (GNI). GDP constitutes good and services produced within a country’s borders, while GNI refers to…
Nov 18, 2023
Nov 18, 2023
Jon Law
What are the Convenience Yield and Marginal Convenience Yield in Economics?The convenience yield is the benefit derived from storing or physically owning a commodity, while the marginal convenience yield is the…
Nov 16, 2023
Nov 16, 2023
Jon Law
What is Capital Consumption Allowance in Economics?Capital Consumption Allowance is the portion of a country’s GDP that is set aside to account for the decrease in value of capital assets…
Nov 16, 2023
Nov 16, 2023
Jon Law
Calculating Bond Prices and Rates of ReturnBonds are a core element of financial markets and policy. A greater understanding of bonds can be achieved through an understanding of the…
Nov 15, 2023
Nov 15, 2023
Jon Law
What are Transfer Payments in Economics?Transfer payments refers to money distributed by the government to individuals or groups. Transactions of this nature are all around us…
Nov 15, 2023
Nov 15, 2023
Jon Law
The Income Approach to GDPGross Domestic Product, or GDP, is a common indicator of a country’s economic health and . There is no one definition for GDP, and rather…
Nov 14, 2023
Nov 14, 2023
Jon Law
How the Size and Diversity of Your Country Impacts Your LifeDemographic diversity and physical size as affecting socioeconomic performance.
May 2, 2023
May 2, 2023
Jon Law
The Long-Run Competitive Equilibrium ModelThe long run is the period of time during which all inputs of production can be changed, and the short run is when it is not possible to…
Dec 9, 2022
Dec 9, 2022
Jon Law
Structurally Enabling Nation-State Upward MobilityNote: this article is an excerpt from a free paper titled “Comparative Analysis of Nation-State Economic Systems.” Find it here.
Nov 13, 2022
Nov 13, 2022
Jon Law
Inflation as an InevitabilityIf money supply grows faster than growth of output, inflation is the necessary result over an extended period of time. This is an economic…
Dec 1, 2022
Dec 1, 2022
Jon Law
Coming Debt Refinancing as Accelerating Inflationary Pressure and Fiscal PainExpansionary central bank policies marking the past decade have ballooned the debt held by corporations and governments, a trend only…
Dec 2, 2022
Dec 2, 2022
Jon Law
Economic Profit versus Accounting Profit“Profit” in economics is often misnomered against the common definition of profits. Common knowledge defines profit as revenue minus…
Sep 18, 2022
Sep 18, 2022
Jon Law
Using the Spending Approach to Calculate GDPGDP is measured in three distinct ways, each of which arrives at the same answer through slightly different processes. To recap, these are…
Sep 15, 2022
Sep 15, 2022
Jon Law
Three Handy Mental Models as Derived from Economic DoctrineEconomics is a science which at its core defines and predicts interaction through the medium of goods and services. Of the social sciences…
Sep 8, 2022
Sep 8, 2022
Jon Law
Is the Economy Rigged?The question of whether or not the economy is rigged is an interesting one. Money naturally compounds and efficiency correlate with…
Sep 13, 2022
Sep 13, 2022