About Economics: Queueing theory and Purchasing-Power Parity...

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Economics Economics Microeconomics Macroeconomics Other Topics From Jodi Beggs, your Guide to Economics Hi all, This week, I have some follow up on last week's exchange rate articles with an article on the concept of purchasing-power parity as well as a fun piece on the psychology of lines that stars my thesis adviser "Dr. Queue" Dick Larson. Cheers, Jodi Join the Facebook Page Follow Me on Twitter Economics Is More Like Engineering Than You'd Think... Economists are all too aware of the fact that one's time has economic value. Read More Introduction to Purchasing-Power Parity Purchasing-power parity refers to a real exchange rate that is equal to 1. Read More Real Exchange Rates When discussing international trade and foreign exchange, two types of exchange rates are used. Read More See More About:  exchange rates  international trade  Introduction to Exchange Rates In virtually all modern economies, money (i.e. currency) is created and controlled by a central governing authority. Read More See More About:  exchange rates  international trade  Economics Ads Economics Macro Economics Economics News The Economics Economics Notes Featured Articles   More from About.com Bake Sale Bestsellers Make your next bake sale a profitable one with these irresistible recipes. More> Real Recipes app Download our highly-rated app for free recipes and kitchen tools, for iPhone and iPod Touch. More> This newsletter is written by: Jodi Beggs Economics Guide Email Me | My Blog | My Forum   Sign up for more free newsletters on your favorite topics You are receiving this newsletter because you subscribed to the About.com Economics newsletter. If you wish to change your email address or unsubscribe, please click here. About.com respects your privacy: Our Privacy Policy Contact Information: 249 West 17th Street New York, NY, 10011 © 2012 About.com   Must Reads Using Economics at About.com What Is Economics? Microeconomics vs. Macroeconomics Economics as the "Dismal Science?" The Circular-Flow Model of the Economy   Follow me on: Advertisement