by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Time Value of Money?Time Value of Money is the potential earning capacity of money available in the present which is greater than its value in the future for the same amount. It is a core financial concept that emphasises on the value of money in hand due...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Tournament Theory?Tournament theory refers to the theory in personnel economics utilized in describing specific situations where wage differences are based on relative differences between individuals as against being based on marginal productivity. How Does...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Sunk Cost?A sunk cost is the money that has already been spent and cannot be retrieved. Traditional microeconomics theory proposes the sunk cost should not influence an investment decision as it is already gone, and the cost will remain the same irrespective...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Fiscal Policy? Fiscal policy concerns a Government’s policies toward the collection of revenue through taxation and the spending of revenue as part of Government operations and services. Back to:ECONOMIC ANALYSIS & MONETARY POLICY What...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Structure Conduct Performance Model?The structure conduct performance model refers to an analytical framework that explains the connection between economic or market structure, market conduct and its performance. This is a concept or model in Industrial...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Soft Landing?Avoiding a cyclical economic crash like recession while maintaining a semblance of stability and growth even under difficult economic circumstances is called a Soft Landing. Keeping inflation and unemployment in check while taking measures to...
