In analyzing the performance of investment portfolios and risk management, one must understand the principles dealing with the returns on stock portfolios and the composition of these portfolios. Regardless of whether you are a student studying finance for the first time or a professional intending to specialize in investment analysis, these concepts are fundamental...
The ludicrous but yet curiously insightful Big Mac Index, which was conceived by The Economist in 1986, has ever since provided a light-hearted approach to evaluating the purchasing power parity of national currencies. Across the globe, the price of a Big Mac is a useful measure for understanding whether a nation’s currency is overvalued or undervalued compare...
Price elasticity of demand (PED) is one of the foundational concepts in economics that measures the responsiveness of the quantity demanded of a good to a change in its price. In simple terms, it answers the question:
How much will demand change if the price of a product increases or decreases?
The study of individuals, organizations, or communities and the practices they adopt in order to select, gather use, and and dispose products, services experiences, or ideas for satisfying their desires and needs is referred to as consumer behavior. Companies require to understand consumer behavior so as to successfully adapt their services, products, and outreach s...
Data is the core for statistical analysis as well as decision-making. At its basic level, data does consist of raw facts and figures. However, when this data is organized as well as processed properly, it becomes one of the valuable tools for generating insights that guides decision making. Raw data, however, is rarely perfect. It often includes the errors, inconsis...
