HAPPINESS ECONOMICS
The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth. Happiness economics attempts to use econometric analysis to discover what factors increase and decrease human well-being and quality of life. One major study of happiness economics has been conducted by the Europe-based Organization for Economic Cooperation and Development. The OECD ranked happiness in its 34 member countries, based on factors such as housing, income, jobs, education, environment, civic engagement and health. The study's purpose is to help governments design better public policies.
POPULAR TERMS
Lease Rate
The interest rate; payment made in a certain period indicated in the lease contract for renting an asset like a property or an automobile. The leas ...
Bandwagon Effect
A psychological phenomenon in which people do something mainly because others are doing it, regardless of their personal beliefs, which they may ov ...
Harvest Strategy
A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by additional investment wo ...
Discount House
A firm that buys, sells, discounts and/or negotiates bills of exchange or promissory notes. It is mainly operating in the U.K.
Economic Growth Rate
Gauge of economic growth from one period to another, expressed in percentage. The measure does not adjust for inflation, it is expressed in nominal ...
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SEE FOREX TUTORIAL
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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02:00 | MI Inflation Gauge | Jan | |
02:30 | Retail Sales | Dec | |
09:00 | Factory Orders | Dec | |
11:30 | Construction PMI | Jan | |
11:30 | Sentix Investor Confidence | Feb | |
12:00 | Retail Sales | Dec | |
17:00 | Ivey Purchasing Managers Index | Jan | |
21:00 | Loan Officer Survey | ||
01:30 | Average Cash Earnings | Dec |