Term of the day
econometrics
Econometrics is the art and science of using data to test various economic theories. More specifically, econometrics can be viewed as the use of mathematics and sophisticated statistical modelling to test economic or financial theories as well as forecast the effects of changes in economic or financial factors under various scenarios.
Although econometric techniques are widely used in economic and financial analyses by both financial practitioners and academics, there is not one...
Professor of the week
Michael Pagano
Michael Pagano is professor of finance at the Villanova School of Business, Villanova University.
Basics of business
- book valueThe book value of an asset is its value on a company's balance sheet. This may be different to its market value. The usual method for fixed...
- economic indicators
- endowment
- executive compensation
- FDIC-style resolution
- global mindset
- loonie
- market conditions
- proxy access
- rating agencies
- reverse innovation
- return on funds employed
- risk management
- strategic innovation
- too big to fail
- trust fund
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Business glossary
- business ecosystemIncreasingly, businesses operate in a broader network of related businesses offering particular products or services. This is known as a...
- business model
- classical economics
- corporate governance
- corporate responsibility
- elasticity of demand
- flexible working
- generation Y
- green technology
- hidden needs
- market capitalisation
- moral hazard
- price/earnings ratio
- return on equity
- social media
- sustainable enterprise
- trade secret
- value investing
- venture capital
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World Economic Forum
- Basel CommitteeMade up of central bankers and regulators from 27 countries it lays down global rules for bank governance. Regulators around the world look...
- commodity
- Davos
- globalisation
- protectionism
- trade agreement
- World Bank
- World Economic Forum
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