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Risk Averse- Overview, types and examples

Risk-averse investors choose to preserve capital rather than receive a greater-than-average return. Investing is about price volatility. Volatilities can either make you wealthy or eat away at your savings. A conservative investment will grow steadily and slowly over a period of time. Low-risk investment…

Teleworking- definition, meaning, pros and cons

Teleworking is also known as telecommuting. It allows you to work remotely or from your home using modern technology and telecommunications. This will enable you to stay in touch with your employer. Teleworking lets individuals work from home, at a local café with WiFi, at a…

Normative economics, positive economics- an overview

Economists prefer to differentiate normative economics (“what should be”) from positive economics (“what actually is”). However, much normative analysis (value judgments) are subject to change if facts or knowledge changes. Amartya Sen, a welfare economist, distinguishes between basic (normative) judgements that do not depend…

Unskilled labor, skilled and semi-skilled labor

Both skilled and unskilled workers have seen a dramatic shift in the market. There is an increasing demand for skills, especially specialized skills. The United States has experienced a higher need for education. When a person’s educational attainment is measured, unskilled labor refers to…

What is Per capita? Inflation and Gdp

“Per capita” is “per person.” It is a Latin term which more directly means “by the head”. This term is used to report an average per individual in statistics, economics and business. Per capita can be described as another way to say “per person”….

Investment philosophy your guide to conducting business

An investment philosophy is a way of conducting business necessary to make a profit from the investments made. It is the overall approach or way of looking at an investment and indicating financial future returns. In other words, it is how you choose to…

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