1--- 2meta: 3 date: false 4 reading_time: false 5title: "Cheque" 6date: 2023-10-29 7description: "A written order by a customer to a bank to pay cash, or to transfer money on deposit to another account." 8tags: ["Banking", "Payment Methods", "Finance"] 9--- 10 11## Background 12 13A cheque is a written instrument that orders a bank to pay a specific amount of money from the drawer's account to either the person or entity named on the cheque or to the holder of the instrument.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "chi-square distribution" 6date: 2023-10-05 7description: "An in-depth look into the chi-square distribution, a continuous probability distribution important in numerous fields such as statistics, economics, and social sciences." 8tags: ["chi-square distribution", "probability distribution", "statistics", "econometrics", "chi-square test"] 9--- 10 11## Background 12 13The chi-square distribution, denoted as χ²(n), is a continuous probability distribution that is widely used in statistics and econometrics. It is critically important in hypothesis testing, particularly in tests concerning variability and categorical data.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "City Code" 6date: 2023-10-05 7description: "City Code - The City Code on Takeovers and Mergers, originated in 1968, ensures fair practices and equal information access in takeover and merger situations." 8tags: ["City Code", "Takeovers", "Mergers", "Economics", "United Kingdom"] 9--- 10 11## Background 12 13The City Code, formally known as the City Code on Takeovers and Mergers, is a set of rules and guidelines that govern corporate takeovers and mergers in the United Kingdom.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Closing Prices" 6date: 2023-10-05 7description: "Prices of stocks or commodities at the end of a day’s trading." 8tags: ["Economics", "Finance", "Stock Market"] 9--- 10 11## Background 12 13Closing prices represent the final prices at which a stock or commodity is traded on a given trading day. They are crucial benchmarks used by investors, analysts, and other financial professionals to gauge market performance.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Cobb–Douglas Function" 6date: 2023-10-05 7description: "An exploration of the Cobb–Douglas function widely used in theoretical and applied economics." 8tags: ["Economics", "Production Function", "Utility Function", "Cobb-Douglas"] 9--- 10 11## Background 12The Cobb–Douglas function is a staple in economics, especially in the realms of production and utility analysis. It offers a simplified, yet profound, way of understanding the relationship between inputs and outputs in various economic scenarios, by leveraging a specific form of mathematical expression.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Commitment - Definition and Meaning" 6date: 2023-10-05 7description: "An in-depth analysis of the economic term 'commitment,' exploring its definition, historical context, and implications in different economic frameworks." 8tags: ["economics", "commitment", "monetary policy", "fiscal policy", "credibility"] 9--- 10 11## Background 12 13In economics, commitment, often referred to as pre-commitment, is a crucial concept wherein a government or central banker makes explicit promises regarding future monetary or fiscal policies.
--- meta: date: false reading_time: false title: "Commons" date: 2023-10-05 description: "Definition and analysis of the term 'commons' in economics." tags: ["economics", "common access resource", "global commons"] --- ## Background The term "commons" in economics refers to resources that are shared and accessible to all members of a society, where individual use decreases the availability to others. The concept highlights the tension between personal benefit and collective welfare, crucial for understanding resource management and sustainability issues.
--- meta: date: false reading_time: false title: "Communism" date: 2023-10-12 description: "A theory of a classless society with common ownership of property and wealth and centrally planned production and distribution." tags: ["Communism", "Economics", "Political Economy", "Classless Society", "Central Planning"] --- ## Background Communism is a socio-economic theory advocating for a classless society where all property and wealth are communally owned. Production and distribution are centrally planned and managed, aiming to eliminate the disparities and inequalities inherent in capitalist systems.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Comparability" 6date: 2023-10-12 7description: "Definition and importance of comparability in economic analysis" 8tags: ["economics", "comparability", "interpersonal comparisons"] 9--- 10 11## Background 12 13Comparability is a principle in economic analysis that facilitates the evaluation of different datasets, phenomena, or instances. Primarily, comparability addresses the consistency and standardization of metrics, making it viable to draw meaningful conclusions from comparing diverse economic variables or scenarios.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Comparative Statics" 6date: 2023-10-05 7description: "The analysis of how the equilibrium position in an economic model changes if the values of the exogenously fixed parameters of the model are altered." 8tags: ["Economics", "Equilibrium", "Parameters", "Comparative Analysis"] 9--- 10 11## Background 12 13Comparative statics is a fundamental concept in economics that focuses on understanding how changes in external conditions affect the equilibrium state of an economic system.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Conglomerate" 6date: 2023-10-05 7description: "A business conducting activities in different industries with very little in common." 8tags: ["Economics", "Business", "Industry"] 9--- 10 11## Background 12 13A conglomerate is a large corporation that consists of diverse divisions or subsidiaries, each operating in different industries. Despite the varied nature of these industries, these entities are controlled by a central headquarters which oversees the overall management and strategic direction.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Coupon" 6date: 2023-10-05 7description: "A term used in finance referring to the dividends due on a security, notably for bearer securities where payments are claimed using a physical coupon." 8tags: ["financial instruments", "securities", "dividends"] 9--- 10 11## Background 12 13Coupons originated in the early days of modern finance when bonds and other bearer securities came with attached coupons. These facilitated the collection of periodic interest payments.