Learn how to calculate the consumer surplus formula. When consumers pay less than they are willing to, it creates an economic benefit to them
The classic business cycle in economics includes expansion, peak, recession, depression, trough, recovery, and then repeats. Learn about each stage…
When companies increase their scale the cost of production often decreases, creating an incentive and a benefit for them to increase their size
CFI has generated a wide range of guides on important economic principles and concepts. These resources will serve as a self-study program so you can learn at your own pace, and based on what you think is important and relevant. Key concepts you will discover include the business cycle, GDP formula, consumer surplus, economies of scale, economic value added, supply and demand, equilibrium, and more.
The guides and resources you will find below are designed to cater to financial analysts and the most important concepts they need to know. When building a financial model or performing analysis it’s critical to have a firm grasp of economic concepts and how they influence financial results for a business.