Economics Basics: A Tutorial

After reading this article , you will get clear understanding of economics basics.

1   Introduction to economics basics

Economics may appear to be the study of complicated tables and charts, statistics and numbers. However, more specifically, it is the study of what constitutes rational human behavior in the endeavor to fulfill needs and wants. Read more Economics Basics: A Tutorial

Introduction to Supply and Demand

This article gives an introduction to supply and demand.

Supply and demand form the most fundamental concepts of economics. Whether you are an academic, farmer, pharmaceutical manufacturer or simply a consumer, the basic premise of supply and demand equilibrium is integrated into the daily actions of our society. Only after understanding the basics of these models can the more complicated aspects of economics be mastered. At its core, supply and demand reveal the relationship between prices and quantities of goods. Although there is much theory behind the concepts of supply and demand, this article aims to explain the model in its most basic form. Read more Introduction to Supply and Demand

What Is Bid-Ask Spread?

This article tells you what is bid-ask spread.

You’ve probably heard the terms spread or bid and ask spread before, but you may not know what they mean or how they relate to the stock market. The bid-ask spread can affect the price at which a purchase or sale is made – and an investor’s overall portfolio return. What this means is that if you want to dabble in the equities markets, you need to become familiar with this concept. Read more What Is Bid-Ask Spread?