The Purchasing Managers’ Index (IGC) is a macroeconomic indicator based on a monthly survey of purchasing managers of the most relevant companies in a country. Its objective is to reflect the economic situation of that country and its evolution. To achieve this, it focuses on those responsible for purchasing, since they are a reliable reflection … Leer más
The Cournot model is an economic model that explains how companies that offer homogeneous goods to the market and that have identical costs compete. This model is based on the assumptions that each company seeks to maximize its total utility and that it maintains its level of production constant. In other words, it is a … Leer más
Therefore, the Certification of Information Systems Auditor (Certified Information Systems Auditor) allows demonstrating the necessary knowledge and experience of a professional before third parties. In addition, it is a way of regulating this activity related to information technology. It would be something similar to quality standards. In the case of these, it is the company … Leer más
The direct quotation, by price or European convention, consists of referencing the national currency in a unit of foreign currency to calculate the exchange rate. In other words, what we want is to know how many currencies of our country would be needed to buy a foreign currency. In this way, we will always have … Leer más
The economy between the wars was marked by the effects of the First World War, a prosperous 1920s in the United States and the devastating consequences of the crash of 1929. At the end of World War I, the United States succeeded Great Britain as the leading economic power, and Wall Street became the world’s … Leer más
Social criticism seeks to reform or improve those aspects of society that seem wrong or unfair. Even more so when it comes to relations between power and citizens. Social criticism is nourished by social problems, it is its fuel. In a completely just and perfect society, such criticism would have no place. This seeks to … Leer más
John Pierpoint Morgan (1837-1913) was a prominent American banker and businessman. His influence on American and world banking was so profound that he has come to be considered the first modern banker. Morgan created a bank (JP Morgan) which, over time, became the largest US financial institution by assets. But his important role in the … Leer más
Long tail is the name given to the set of words that form a phrase notably used to search for something specific in web browsers. That is, they are phrases that are used for Internet searches aimed at finding something with the aim of acquiring a good or service. In Spanish, it would translate as … Leer más
An orphaned block is that block that is solved but not validated to lodge it in a chain of blocks or blockchain. That is to say, it is a block that, since it does not belong to any chain of blocks, is expelled from the system and has no value. This usually happens when the … Leer más
In this way, this type of trading uses only that information that can be represented by numbers, in tables or graphs, that is, of a quantitative type. For example, the value of the unemployment rate of a country or the evolution over time of the price of a share. Therefore, the qualitative aspects, that is, … Leer más
