JOHN R. HICKS
A British economist and one of the notable economists of the 20th century. Hicks received the 1972 Nobel Memorial Prize in Economics along with American economist Kenneth Arrow for developing the general equilibrium theory and welfare theory. During his career, he also conducted research on monetary policy, international trade, and development economics. He wrote the book Value and Capital in 1939 which focused on value theory and general equilibrium theory. He was also noted for contributing to the IS/LM model which identifies the connection between interest rates and real output, which was utilize to make subsequent models of aggregate demand and supply.
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Short Leg
Short Leg is a contract where an individual holds a short position. The contract is in the option spread created by the trader by purchasing a put ...
Borrowing Base
Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
Currency abbreviation for the Swaziland Lilangeni, the official currency of Swaziland. The currency is comprised of 100 cents and presented with th ...
Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
Economic Stimulus
Plans to financially stimulate an economy. It implements monetary or fiscal policy changes to bolster a lagging or struggling economy. Governments ...
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SEE FOREX TUTORIAL
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 ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
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| 09:00 | SECO Consumer Confidence | May | |
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| 14:30 | NY Fed Empire State manufacturing index | Jun |
