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ECONOMICS : CFA PROGRAM CURRICULUM, VOL. 2, LEVEL 1 2010

CFA INSTITUTE

2010

BOOK
Category

ECONOMICS

Abstract THIS STUDY SESSION FOCUSES ON MICROECONOMI CONCEPTS AND HOW FIRMS ARE AFFECTED BY THESE CONCEPTS. ONE OF THE MAIN CONCEPTS RELATED TO THE EQUILIBRIUM BETWEEN DEMAND AND SUPPLY IS ELASTICITY, WHICH MEASURES THE RATE OF CHANGES ON THE EQUILIBRIUM PRICE LEVEL. A SECOND KEY CONCEPTS IS EFFICIENCY, WHICH IS A MEASURE OF THE FIRM' S "OPTIMAL"OUTPUT GIVEN ITS COST AND REVENUE FUCTIONS. UDERSTENDING THESE CONCEPTS ENABLES ANALYSTS TO DIFFERENTIATE AMONG VARIOUS COMPANIES ON AN INDIVIDUAL LEVEL AND TO DETERMINE THEIR ATTRACTIVENESS FOR AN INVESTOR.

ISBN 9780558160180
Author(s) CFA INSTITUTE
Credits
Edition 1ST ED.
Year 2010
Publisher CFA INSTITUTE
Type BOOK
Keywords ECONOMICS
Language English
Collation 506 P.,, GLOSSARY, INDEX, 25 CM.

Availability and Location Reserve

Copy No Library Stack Shelf Is Reference Status Return Date
1 Limassol S 6 Yes A