Estimate demand function to understand initial product pricing vs. quantity. Use derivative for the revenue equation to find marginal revenue changes. Marginal revenue derivative is a tool to guide ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). An economic derivative is an over-the-counter (OTC) contract in which the payout ...
Microeconomics can be math-intensive. Fundamental microeconomic assumptions about scarcity, human choice, rationality, ordinal preferences, or exchange do not require advanced mathematical skills.
Economic forecasters often look to the performance of futures markets to help predict such economic developments as movements in the price of oil and other commodities. In addition, relatively new ...