Nominal and Effective Interest
An interest rate takes two forms: nominal interest rate and effective interest…
Arithmetic Gradient Series
Suppose that there is a series of "n" payments uniformly spaced but…
Uniform annual series and future value
Suppose that there is a series of "n" uniform payments, uniform in…
Interest and Equivalence
Simple interest, as opposed to compound interest, is rare. With an investment…
Making Economic Decisions
Selecting an appropriate criterion (or criteria) for selecting among competing alternatives is…
Engineering Costs and Cost Estimating
An engineering economic analysis may involve many types of costs. Here is…
Land Acquisition and Development
Land acquisition for developmental purposes, i.e., for making roads, constructing dams and…
INFORMAL CREDIT MARKETS
In this chapter we review the different ways in which the literature…
INFORMALITY IN THE LABOUR MARKET EARLY CONTRIBUTIONS
There are different ways of modeling the informal sector adopting a non-Marshallian…
Informal credit markets
Informality in credit markets is strong in many developing countries like India,…


