MARGINAL SOCIAL COST - MSC
The total cost of an activity, viewed by the society as a whole, for producing another unit or taking further action in an economy. It is not just the direct cost given by the producer, but also the costs to the environment and other shareholders. To get the marginal social cost, add the marginal private cost (MSC) and the marginal external cost (MEC), which should be positive.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |
