A detailed look at the system of taxing company profits, including the classical and imputation systems.
A detailed exploration of the concept of comparative advantage in economics.
An overview of the concept of comparative costs in economics, connecting it to comparative advantage and providing various analytical perspectives.
A detailed exploration of compensated demand, its definition, implications, and analytical frameworks.
A detailed exploration of compensated demand, its definition, implications, and analytical frameworks.
An economic measure quantifying the amount of additional income needed to restore an individual’s original level of utility after a change in the economic environment.
A differential in wages intended to compensate workers for special non-pecuniary aspects of a job.
Compensation by those causing adverse externalities to the victims of these externalities.
A detailed exploration of the compensation principle, also known as the Hicks–Kaldor principle, its application in economics, and its criticisms.
Understanding the concept and implications of competition in economics
An exploration of the UK body set up to replace the Competition Commission and the Office of Fair Trading.
Government policy to encourage competition, addressing both the structure of industries and the behavior of firms within them.
