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Marginal Efficiency of Capital: Definition and How It Works

The marginal efficiency of capital (MEC) is the expected rate of return from an additional unit of capital investment, a term Keynes introdu...
3 min read
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Definitions

What Is a Contingent Liability?

Published on September 10, 2026

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Definitions

What Is Constant Default Rate (CDR)?

Published on August 20, 2026

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Competitive markets Definitions

Retail Price Maintenance: What It Is & Why It's Restricted

Published on August 18, 2026

Production Possibility Curve (PPC)
Definitions Managing the economy

Production Possibility Curve (PPC)

Published on January 10, 2025

Tax Multiplier Formula
Definitions Managing the economy

Tax Multiplier Formula

Published on December 21, 2024

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Definitions Global economics Factors of production

Theory of Absolute Advantage

Published on December 18, 2024

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Definitions Managing the economy Global economics

Expansionary Monetary Policy

Published on December 17, 2024

Examples of Threats in SWOT Analysis
Definitions Business economics

Examples of Threats in SWOT Analysis

Published on December 16, 2024

Producer Surplus Equation
Definitions Competitive markets

Producer Surplus Equation

Published on December 12, 2024

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Definitions Behavioural economics

Exploring the Paradox of Value

Published on December 08, 2024

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Older Posts
Declining loan default rates represented by a downward bar chart and arrow.

What Is Constant Default Rate (CDR)?

The Constant Default Rate (CDR) is an annualised measure of the rate at which loans in a pool default. It is commonly used to assess the per...
2 min read

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