PATH DEPENDENCY
Path dependency is an idea that attempts to explain the constant use of products based on historical use or preference. It happens because it is usually more cost effective or easier to just continue along an already set path than to make a new one.
POPULAR TERMS
Golden Hammer
Over reliance on a specific instrument to perform all kinds of functions. This principle states given a particular tool to use, all seems like a su ...
Mixed Economic System
An economic system with features of both capitalism and socialism. It lets a level of private economic freedom in using capital, but also allows fo ...
Horizontal Audit
An evaluation of a given process across several departments within an organization. A horizontal audit is appropriate for activities that are simil ...
Carbon Credit
Permit issued to holder, which allows for emitting one ton of carbon dioxide. Credits are given to groups or nations that have decreased their gree ...
Net Asset Value Per Share - NAVPS
This refers to the value of a company per share, and is calculated by dividing the total net asset value of the company by the number of shares out ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | CPI | Apr | |
| 11:00 | 10-y Bond Auction | Apr | |
| 11:00 | Consumer Confidence | ||
| 14:00 | CPI | Apr | |
| 14:00 | Harmonized CPI | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 01:50 | Retail Sales | Mar | |
| 01:50 | Industrial Production | Apr |
