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EMPOWERING
ECONOMICS

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   Economics Intro

Featured Guide Guide Economics 101

What is Economics? We deep dive and create
the ultimate guide to everything you need to know about Economics.


LATEST DEFINITIONS

Economic Rent
Economic rent refers to the income earned by a factor of production that exceeds
the minimum amount necessary to keep it engaged in its current use.
Equity Research
Equity research involves analyzing and evaluating publicly traded companies to
provide investment insights and recommendations to investors.
Equity Financing
Equity financing is the process of raising capital for a company by selling
ownership shares to investors in exchange for funds.
Effective Annual Rate
The Effective Annual Rate (EAR) is the true annual interest rate that takes into
account compounding effects, providing an accurate measure of the total cost or
return over one year.


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TRENDING DEFINITIONS

Bait and Switch
Bait and switch is a deceptive sales tactic that involves advertising a
desirable product or offer to attract customers, only to substitute it with a
less desirable alternative upon arrival.
Eminent Domain
Eminent domain is the legal power of a government to expropriate private
property for public use, accompanied by the requirement to provide just
compensation to the property owner.
Gini Coefficient: Definition, How to Calculate & Formula
Simply put, the Gini coefficient is a statistical measure used to calculate
inequality within a nation.
Public Goods: Definition, Characteristics & Examples
A public good is a good whereby no individual can be excluded from benefiting
from it. In other words, everyone can benefit from its use.


IN THE SPOTLIGHT

Feature What Is Economics?

Economics 101, the Boycewire guide to everything economics. Let us guide you
through Economics from start to finish.

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Feature What Causes Inflation?

Boycewire explores inflation including causes and effects. Let’s explore in
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Crypto Worth The Risk?

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DAILY DEFINITION

Micro Macro Finance
Social Capital /səʊʃəl kæpɪtl/

Social capital refers to the links and bonds people form through friendships and
acquaintances. These links can form through friendship groups, i.e. knowing a
friend of a friend. Or, they can occur through daily social interactions.

Full Definition
Budget Deficit /‘bʌdʒɪt ‘dɛfɪsɪt/

A budget deficit occurs when the government spends more than it receives through
taxation. For example, if it receives $2 trillion in tax receipts, but spends
$2.5 trillion on public services – it has a budget deficit of $500 billion

Full Definition
Net Present Value /nɛt ‘prɛznt ‘væljuː/

Net Present Value (NPV) is the total value of future revenues, subtracted
against any cash outflows during the same period. In other words, it calculates
future streams of income and brings it in line to its present value. At the same
time, it also factors in outflows.

Full Definition
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