Investopedia

Continue to Site »

Learning Curve

Filed Under » , ,
Dictionary Says

Definition of 'Learning Curve'

A concept that describes how new skills or knowledge can be quickly acquired initially, but subsequent learning becomes much slower. At first, a minimal investment of resources yields significant results, but the payback from continuing effort is smaller. The learning curve was first described by psychologist Hermann Ebbinghaus in 1885 and elaborated by psychologist Arthur Bills in 1934.
Investopedia Says

Investopedia explains 'Learning Curve'

In a visual representation of a learning curve, a steeper curve indicates faster, easier learning and a flatter curve indicates slower, more difficult learning. The concept of a learning curve is important to companies in hiring and training new employees and managers, in working to increase production efficiency, and in budgeting and forecasting costs.

Articles Of Interest

  1.

    Getting Acquainted With Options Trading

    Learn more about stock options, including some basic terminology and the source of profits.

  2. Getting To Know The "Greeks"

    Understanding price influences on options positions requires learning about delta, theta, vega and gamma.

  3. 7 Investing Mistakes And How To Avoid Them

    No investor is flawless. Here are some common investing fallacies and a step-by-step guide on how to avoid them.

  4. Forex Courses For Beginners

    Trading courses can provide a trader with all the tools required for a profitable experience.

  5. Options On Futures: A World Of Potential Profit

    There's one simple hurdle in the transition from stock to futures options: learning about product specifications.

  6. Commuters' University: On-The-Road Learning

    Effectively using your commute time could place you miles ahead of your competition.

  7. The Real Cost Of An MBA

    When adding up tuition, books, rent and foregone salary, an MBA can cost as much as a house. Is it worth it?

  8. Financial Designations That Employers Require

    We break down the designations that are important to have if you want to work in the financial sector.

  9. Career Benefits From The CFA Institute

    The CFA Institute provides members with a variety of ongoing career and networking benefits.

  10. A Day In The Life Of A CFO

    What would your life look like if you were CFO? We’ve interviewed three chief financial officers to find out.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  2. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  3. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  4. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  5. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  6. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
Trading Center