Marginal analysis was the heart of early Austrian economics and was quickly adopted into mainstream economics, where it is central to modern microeconomic analysis. Amazingly, many people in business ...

Marginal VaR measures the risk added by new investments in a portfolio. Learn its definition, how it works, calculation, and impact on overall risk management.

Many define financial success by what tax bracket they're in, with higher marginal tax rates applying to taxpayers as their income rises. Yet a tax bracket only tells you what tax rate applies on the ...

Marginal cost refers to the change in total cost arising from the production of one additional unit. For example, in a manufacturing firm, the marginal cost will give a measure of the change in total ...

The annual debate on how to spend Medicare dollars is here again. We have many modern analytical tools to look at health care spending, but it may be worth going back to some basic insights of ...

Economics students learn marginal analysis. It is the idea that many decisions should not be thought of as all or nothing choices, but rather they should be thought of as ...