Economics

A type of stock option used by employers to reward and motivate employees is a non-qualified stock option (typically abbreviated as NSO or NQSO). It…

Employee morale or workplace morale is described as an employee’s overall satisfaction, outlook, and feelings of well-being in the workplace. It has been shown to…

Point-of-Sale (POS) Terminal is a hardware device for processing card payments at retail locations, also referred to as a ‘Payment Terminal’, credit card terminal, EFTPOS…

The Alternative Investment Market (AIM) is a London Stock Exchange (LSE) sub-market that was introduced on 19th June 1995 to replace the former Unlisted Securities…

Inflation means an increase in the general level of prices. When prices for energy, food, commodities, and other goods and services rise, the entire economy…

One of the key genres of financial risk is reinvestment risk; it refers to the probability that an investor may not be able to reinvest…

The gross operating surplus is the balance of the trading account for productive units. In the national accounts, gross operating surplus (GOS) is the portion…

Economic rent is an amount of money earned that exceeds that which is economically or socially necessary. In economics, it is any payment to an…

Income Distribution Metrics Income is defined as household disposable income in a particular year. Income distribution is the smoothness or equality with which income is…

Welfare economics is the study of how the allocation of resources and goods affects social welfare. It is a branch of economics that uses microeconomic…

Consumer surplus – the difference between consumers pay and willingness to pay Consumer surplus is the difference between the maximum price a consumer is willing…

Consumer sovereignty is the theory that consumer preferences determine the production of goods and services. It is the idea that it is consumers who influence…