Producer surplus is a crucial economic concept that helps understand the difference between what producers are willing to sell their goods for and what they actually sell them for in the marketplace.

Abstract: The quality of course teaching is directly related to education quality. Many scholars have attempted to identify the associations between course-teaching quality and teachers’ ...

Abstract: Semantic similarity is a special case of semantic relatedness. There are many methods available to design semantic similarity measures based on domain ontology. In this paper, a method to ...

The Chi-Square test is a widely-used statistical method that measures the relationship between categorical variables. One of the key concepts in this test is the degree of freedom (DF), which plays a ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Try an experiment. Next time you are in a room with someone, ask them to name everything in the room. Only certain kinds of people will say “air” or “light.” For most ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

VGUS offers low-risk cash parking with minimal duration risk and yields tied to short-term Treasury rates. Check out why VGUS ...