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Paradox of Value
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What do we mean by “Value”? Today economics defines Value as being synonymous with “Price of a commodity”. Though there…
Options Payoffs
The payoff concerned with options different from that of conventional securities like common stock or shares, where the payoff is…
Love and Marriages-Economist’s View
Economics has always been about fiscal/monetary, rational/irrational, individual/aggregate, economic models etc. But have you ever wondered how economist’s view love…
Costs of inflation
Central bank aims to reduce inflation at 0% and this all depends on the cost and benefits of inflation .There…
The market for Lemons
The market for Lemons – Informational Asymmetries leading to Market Failures Informational Asymmetry refers to a situation in which among…
Marginalism
If we go by general definition of a word ‘Margin’ then it simply means an amount beyond the minimum necessary…