Economics
In this category you will find information on economics, both in terms of macroeconomics and microeconomics. Economics is an important basis for the understanding of financial markets and financial instruments.
Microeconomic equilibrium occurs when the marginal revenue is equal to the marginal cost. The microeconomic equilibrium determines a firm's price and volume of a product. ...
Microeconomic theory is about economics at the micro level. Microeconomic theory concerns the study of individual markets, companies, people, income distribution and more. ...
A mixed economy is a mixture of market economy and planned economy. A mixed economy is based on a market economy, but the government tries to control the economy where the market has failed. ...
The monetarist school has different opinions compared to the keynesian school in terms of monetary policy and fiscal policy. ...
The monetary base refers to the total amount of cash available in a country's economy. The monetary base consists of public cash holdings and bank reserves. ...
The goal of monetary policy is to achieve a stable price level in a country. Monetary policy involves controlling the money supply in the economy so that the interest rate can be adjusted in the desir ...
The money supply of a country is the total value of all the money that exists in the economy. The money supply consists of cash holdings and deposits
by commercial banks. ...
Monopolistic competition is a market structure that has a large number of competitors selling similar but not identical products to a large number of buyers. ...
Monopoly is a market structure where there is only one seller of a product or several products that do not have good substitutes and many buyers. ...
That a monopoly market can arise is seen as a market failure in economics. A monopoly market gives allocation losses in the economy. ...