We can calculate the gradient of a tangent to a curve by differentiating. In order to find the equation of a tangent, we: Differentiate the equation of the curve Substitute the \(x\) value into the ...

The yield spread between long-term and short-term Treasury securities is known to be a good predictor of economic activity, particularly of looming recessions. One way to learn more is through a ...

It is conventional wisdom that the reduced form Phillips curve has become flatter in recent decades. Accordingly, we show that the statistical relationship between changes in U.S. inflation and ...

Before reading this guide, you may find it helpful to read the guide on graphs from Module 7 (M7) and the guide on indices from Module 8 (M8). In Module 7 (M7) Graphs, you learned that simultaneous ...

Analysis and construction of demand curves are part of microeconomics, which studies economic situations and reactions and applies it to small business. You can use demand curves as a small business ...

The most basic concept of business is to understand what the market needs and supply that need, having bought it at a low cost and then selling it for a profit. However, if demand surpasses or doesn't ...