-
Recent blog posts
Post calendar
August 2017 M T W T F S S « Oct 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Site page map
Post categories
External links
- Econedlink Lesson plans including some interesting uses of economics
- Economics Education Web An excellent site, with links to data sources and many different levels of economics teaching. Note that this is a US site, and is aimed at teachers, but is perfectly accessible to students.
Meta
Adverts
Tags
automation books competition confidence consumer cost cost benefit analysis counterfactual credit currency debt efficiency EU expected value externalities game theory incentives income inflation insurance labour legislation markets migration modelling newspapers NHS online Pareto politics pricing public sector rational regulation statistics taxation theory unemployment US utility value vertical voting willingness to pay
The importance of confidence
A simplistic business model sees goods or services running one way through a vertical chain, and cash running the other. For example, a baker makes a loaf, passes it on to a retailer, who passes it on to the customer. The customer pays the retailer, who pays the baker. Continue reading →
Leave a comment
Posted in Commentary
Tagged confidence, credit, vertical