General Concepts 5 min read
Foreign Currency Markets and Exchange Rates
Introduction Definitions and Basics ● Foreign Exchange, from the Concise Encyclopedia of Economics ● The foreign exchange market is the market in which foreign…
THE ARTICLE LIBRARY
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Ideas and explainers from across SenseCentral.
General Concepts 10 min read
Money
Introduction Definitions and Basics ● Money, at About.com ● Money is a good that acts as a medium of exchange in transactions. Classically…
General Concepts 10 min read
Balance of Trade and Balance of Payments
Introduction Definitions and Basics ● Balance of Payments, from the Concise Encyclopedia of Economics ● The balance of payments accounts of a country record…
General Concepts 15 min read
Barriers to Trade
Introduction ● A barrier to trade is a government-imposed restraint on the flow of international goods or services. Those restraints are…
General Concepts 3 min read
Insurance
Introduction Definitions and Basics ● Insurance, from the Concise Encyclopedia of Economics ● Insurance plays a central role in the functioning of modern economies.…
General Concepts 9 min read
Employment and Unemployment
Introduction Definitions and Basics ● Unemployment, from the Concise Encyclopedia of Economics ● Each month, the federal government’s Bureau of Labor Statistics randomly surveys…
General Concepts 11 min read
Business Cycles
Introduction Definitions and Basics ● Business Cycles, from the Concise Encyclopedia of Economics ● The United States and all other modern industrial economies experience…
General Concepts 5 min read
Aggregate Demand
Introduction Definitions and Basics ● Keynesian Economics, from the Concise Encyclopedia of Economics ● Keynesian economics is a theory of total spending in the…
Architectural Drawing 2 min read
Drawing for Architects Basics: Line Weights
Line weight is the visual lightness, darkness, or heaviness of a line within a drawing. In any architectural drawing, from…
