Markets Basics of Economics Economics Financial Markets Macroeconomics Microeconomics

Competitive and Complete Markets

May 15, 2023May 17, 2023 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

Regarding economics, researching and lecturing economists often use two terms interchangeably – competitive and complete markets. While both these markets

Microeconomics Basics of Economics Behavioral Economics Business Administration Economic Blog Economics Markets

Preferences and Utility Theory

February 21, 2023March 31, 2023 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

Preferences and utility theory are the essential building blocks of explaining the behavioral decision-making of households in economic theory. Therefore,

Basics of Economics Economic Blog Economic Policy Economics Microeconomics Public Policy

Elasticity in Economics

January 6, 2022March 31, 2023 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

What does elasticity mean in economics? Elasticity in Economics is an essential concept that economists should master. Elasticity in Economics

Basics of Economics Behavioral Economics Economics Markets Microeconomics

Demand in Economics

December 9, 2021July 26, 2022 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

What does demand in an economy mean? Why should we understand the demand factors in an economy? Students learning economics

Basics of Economics Business Administration Economics Macroeconomics Mathematics Microeconomics

Production Technology in Economics

November 12, 2021July 26, 2022 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

What is the meaning of production technology in Economics? Are you stranded in the production theory and are looking for an easy entry

Basics of Economics Behavioral Economics Economics Economics of Pandemics Health risks Leadership and Management Personal Finance

Rational Decision under Uncertainty

November 8, 2021July 26, 2022 James E Njoroge, M. Sc. (Econ.) - Economic Consultant (freiberuflich Beratender Volkswirt)

How would an individual make a rational decision under uncertainty? This article explains how economists characterize decision-making under uncertainty. Economic

1 2 3 Next »

Cookie	Duration	Description
cookielawinfo-checkbox-advertisement	1 year	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Advertisement".
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent	1 year	Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.
JSESSIONID	session	The JSESSIONID cookie is used by New Relic to store a session identifier so that New Relic can monitor session counts for an application.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Cookie	Duration	Description
messaging_plugin_https://evansonslabs.com/_1483444155283390	never	This cookie is used by Facebook to enable its chat widget functionalities.
messaging_plugin_https://evansonslabs.com/_1483444155283390	never	This cookie is used by Facebook to enable its chat widget functionalities.
messaging_plugin_https://evansonslabs.com/_1483444155283390	never	This cookie is used by Facebook to enable its chat widget functionalities.
messaging_plugin_https://evansonslabs.com/_1483444155283390	never	This cookie is used by Facebook to enable its chat widget functionalities.
na_id	1 year 1 month	The na_id is set by AddThis to enable sharing of links on social media platforms like Facebook and Twitter.
na_rn	1 month	The na_rn cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
na_sc_e	1 month	The na_sc_e cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
na_sr	1 month	The na_sr cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
na_srp	1 minute	The na_srp cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
na_tc	1 year 1 month	The na_tc cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
ouid	1 year 1 month	Associated with the AddThis widget, this cookie helps users to share content across various networking and sharing forums.
S	1 year 1 month	Used by Yahoo to provide ads, content or analytics.
sp_landing	1 day	The sp_landing is set by Spotify to implement audio content from Spotify on the website and also registers information on user interaction related to the audio content.
sp_t	1 year	The sp_t cookie is set by Spotify to implement audio content from Spotify on the website and also registers information on user interaction related to the audio content.
__fb_chat_plugin	never	This cookie is used to track the user's interaction with facebook chat widget.

Cookie	Duration	Description
cjae	1 year 1 month	The cookie is set by the provider Dotomi. This cookie is used to record visitor behaviour.
d	3 months	Quantserve sets this cookie to anonymously track information on how visitors use the website.
YSC	session	This cookies is set by Youtube and is used to track the views of embedded videos.
_gat	1 minute	This cookies is installed by Google Universal Analytics to throttle the request rate to limit the colllection of data on high traffic sites.

Cookie	Duration	Description
CJSession	session	This cookie is set by the provider CJ affiliate by Coversant. This cookie is used to track the time stamp of initial CJ related event on current browser session.
MR	7 days	This cookie, set by Bing, is used to collect user information for analytics purposes.
u	1 year	This cookie is used by Bombora to collect information that is used either in aggregate form, to help understand how websites are being used or how effective marketing campaigns are, or to help customize the websites for visitors.
UID	2 years	Scorecard Research sets this cookie for browser behaviour research.
_ga	2 years	This cookie is installed by Google Analytics. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assign a randomly generated number to identify unique visitors.
_gat_gtag_UA_106584520_3	1 minute	This cookie is set by Google and is used to distinguish users.
_ga_6TR3W2H2B5	2 years	This cookie is installed by Google Analytics.
_gcl_au	3 months	This cookie is used by Google Analytics to understand user interaction with the website.
_gid	1 day	This cookie is installed by Google Analytics. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the website is doing. The data collected including the number visitors, the source where they have come from, and the pages visted in an anonymous form.
__gads	1 year 24 days	This cookie is set by Google and stored under the name dounleclick.com. This cookie is used to track how many times users see a particular advert which helps in measuring the success of the campaign and calculate the revenue generated by the campaign. These cookies can only be read from the domain that it is set on so it will not track any data while browsing through another sites.

Cookie	Duration	Description
A3	1 year	Yahoo set this cookie for targeted advertising.
ab	1 year	Owned by agkn, this cookie is used for targeting and advertising purposes.
anj	3 months	AppNexus sets the anj cookie that contains data stating whether a cookie ID is synced with partners.
ANONCHK	10 minutes	This cookie is used for storing the session ID for a user. This cookie ensures that clicks from advertisement on the Bing search engine are verified and it is used for reporting purposes and for personalization.
CMID	1 year	Casale Media sets this cookie to collect information on user behavior, for targeted advertising.
CMPRO	3 months	CMPRO cookie is set by CasaleMedia for anonymous user tracking, and for targeted advertising.
CMPS	3 months	CMPS cookie is set by CasaleMedia for anonymous user tracking based on user's website visits, for displaying targeted ads.
DotomiUser	1 year 1 month	This cookie is set by the provider Dotomi. This cookie is used for sales/lead correlation and for targeting and marketing purposes. it is used to store unique surfer ID.
DSID	1 hour	This cookie is setup by doubleclick.net. This cookie is used by Google to make advertising more engaging to users and are stored under doubleclick.net. It contains an encrypted unique ID.
edgebucket		This cookie is set by the Reddit. This cookie is used for the purpose of the advertisement. It saves the log of the user on the Reddit. The cookie enables the sharing of content from the website onto the social media platform.
fr	3 months	The cookie is set by Facebook to show relevant advertisments to the users and measure and improve the advertisements. The cookie also tracks the behavior of the user across the web on sites that have Facebook pixel or Facebook social plugin.
google_push	5 minutes	BidSwitch sets the google_push cookie as a user identifier to allow multiple advertisers to share user profile identities when a web page is loaded.
IDE	1 year 24 days	Used by Google DoubleClick and stores information about how the user uses the website and any other advertisement before visiting the website. This is used to present users with ads that are relevant to them according to the user profile.
mc	1 year 1 month	Quantserve sets the mc cookie to anonymously track user behaviour on the website.
mt_mop	1 month	MediaMath uses this cookie to synchronize the visitor ID with a limited number of trusted exchanges and data partners.
MUID	1 year 24 days	Used by Microsoft as a unique identifier. The cookie is set by embedded Microsoft scripts. The purpose of this cookie is to synchronize the ID across many different Microsoft domains to enable user tracking.
NID	6 months	NID cookie, set by Google, is used for advertising purposes; to limit the number of times the user sees an ad, to mute unwanted ads, and to measure the effectiveness of ads.
personalization_id	2 years	Twitter sets this cookie to integrate and share features for social media and also store information about how the user uses the website, for tracking and targeting.
pxrc	2 months	This cookie is set by pippio to provide users with relevant advertisements and limit the number of ads displayed.
rlas3	1 year	RLCDN sets this cookie to provide users with relevant advertisements and limit the number of ads displayed.
TDID	1 year	TDID cookie is set by Cloudflare service to store a unique ID that identifies a returning user's device which is then used for targeted advertising.
test_cookie	15 minutes	This cookie is set by doubleclick.net. The purpose of the cookie is to determine if the user's browser supports cookies.
tuuid	1 year	The tuuid cookie, set by BidSwitch, stores an unique ID to determine what adverts the users have seen if they have visited any of the advertiser's websites. The information is used to decide when and how often users will see a certain banner.
tuuid_lu	1 year	This cookie, set by BidSwitch, stores a unique ID to determine what adverts the users have seen while visiting an advertiser's website. This information is then used to understand when and how often users will see a certain banner.
uuid	3 months	MediaMath sets this cookie to avoid the same ads from being shown repeatedly and for relevant advertising.
uuid2	3 months	The uuid2 cookie is set by AppNexus and records information that helps in differentiating between devices and browsers. This information is used to pick out ads delivered by the platform and assess the ad performance and its attribute payment.
VISITOR_INFO1_LIVE	5 months 27 days	This cookie is set by Youtube. Used to track the information of the embedded YouTube videos on a website.
yt-remote-connected-devices	never	YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt-remote-device-id	never	YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt.innertube::nextId	never	This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.
yt.innertube::requests	never	This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.
_fbp	3 months	This cookie is set by Facebook to deliver advertisement when they are on Facebook or a digital platform powered by Facebook advertising after visiting this website.
_pubcid	5 months 27 days	This cookie is used to make advertisement on the website more relevant. It collects data based on the visitors behavior and optimize the website.
__gsas	1 year 24 days	Google AdSense uses this cookie to test the effectiveness of advertisements on websites that use their services.

Category: Basics of Economics

Competitive and Complete Markets

Like this:

Preferences and Utility Theory

Like this:

Elasticity in Economics

Like this:

Demand in Economics

Like this:

Production Technology in Economics

Like this:

Rational Decision under Uncertainty

Like this:

Topics

Teilen mit Ihrem Netzwerk:

Like this:

Teilen mit Ihrem Netzwerk:

Like this:

Teilen mit Ihrem Netzwerk:

Like this:

Teilen mit Ihrem Netzwerk:

Like this:

Teilen mit Ihrem Netzwerk:

Like this:

Teilen mit Ihrem Netzwerk:

Like this:

Topics