Economic Concepts for REALTORS®
General Economic Concepts
Here you will find the most basic of the economic concepts, those used to discuss the economy in general terms. These terms also include a discussion of the indicators used in forecasting.
- Why Should We Care About Industrial Production and the Capacity Utilization Index? (48.7K PDF)
- What is the Usual Level of Economic Growth? (48.2K PDF)
- Scarcity — the Fundamental Concept of Economics (44K PDF)
- How Does International Trade Affect the Economy? (47.6K PDF)
- Factor Price Equalization — Can This Affect Wages? (42.7K PDF)
- Rationality is an Assumption, Not a Fact! (43.5K PDF)
- Diversification: It Works (42.3K PDF)
- How Do Externalities Affect My Ability to Sell a House? (42.9K PDF)
- Forecasting — the Players: Leading, Coincident, and Lagging Indicators (42.9K PDF)
- The Leading Indicators (48.5K PDF)
- The Coincident Indicators (52.2K PDF)
- The Lagging Indicators (53.2K PDF)
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