COURNOT COMPETITION
Economic model describing a market situation in which competing companies make the same homogeneous and agree to produce a number of undifferentiated product simultaneously. The model creates numerous assumptions including the firms cannot collude or create a cartel, and seek to maximize profit based on their rivals’ decisions. Also, each company’s output decision is presumed to influence the product price. In 1838, French Mathematician Augustin Cournot introduced the model.
POPULAR TERMS
Expansionary Policy
Macroeconomic policy seeking to increase the money supply to stimulate economic development or beat inflation. One type of expansionary policy is f ...
Natural Gas Storage Indicator - EIA Report
The U.S. Energy Information Administration or more commonly known as EIA weekly estimate of working natural gas volumes held in underground storage ...
Objective Probability
It’s a probability in which event will happen based on analysis in which each measure is based on a recorded explanation rather than a subjec ...
Distributing Syndicate
Syndicate made up of a group of investment banks or brokerage firms, working to underwrite and sell an initial public offering (IPO) of securities ...
Equated Monthly Installment - EMI
Fixed payment amount the borrower paid to a lender at a set date every calendar month. It is employed to settle both interest and principal monthly ...
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SEE FOREX TUTORIAL
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | CPI | Apr | |
| 11:00 | 10-y Bond Auction | Apr | |
| 11:00 | Consumer Confidence | ||
| 14:00 | CPI | Apr | |
| 14:00 | Harmonized CPI | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 01:50 | Retail Sales | Mar | |
| 01:50 | Industrial Production | Apr |
