1--- 2meta: 3 date: false 4 reading_time: false 5title: "Economic Geography" 6date: 2023-10-05 7description: "A discipline that studies spatial aspects of economic activities." 8tags: ["Economics", "Geography", "Globalization", "Economic Activities"] 9--- 10 11## Background 12 13Economic geography is an interdisciplinary field at the intersection of economics and geography that examines the spatial dimensions of economic activity. It investigates how economic processes and systems are influenced by and, in turn, influence geographical locations and distributions.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Edgeworth Price Index" 6date: 2023-10-05 7description: "An explanation of the Edgeworth Price Index, also known as the Marshall–Edgeworth Price Index." 8tags: ["Edgeworth Price Index", "Marshall–Edgeworth Index", "Price Index", "Economics"] 9--- 10 11## Background 12 13The Edgeworth Price Index, often referred to as the Marshall–Edgeworth Price Index, represents a dual approach to measuring cost changes over time. It considers both quantities from the base period and the comparison period to gauge how prices have changed.
--- meta: date: false reading_time: false title: "Environmental Protection Agency" date: 2023-10-13 description: "A comprehensive entry on the Environmental Protection Agency (EPA) focusing on its definition, historical context, and analytical frameworks within economics." tags: ["EPA", "environment", "pollution", "policy", "federal agency"] --- ## Background The Environmental Protection Agency (EPA) is a pivotal US federal agency established to promote human health and the environment by conducting research, providing education, and enforcing regulations centered on pollution control and environmental preservation.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Equity" 6date: 2023-10-05 7description: "The concept of distributive justice in welfare economics" 8tags: ["Economics", "Welfare Economics", "Distributive Justice", "Equity"] 9--- 10 11## Background 12 13Equity is a principle central to the field of welfare economics, encompassing the ideals of fairness and justice in the distribution of economic resources and welfare among individuals in a society. In economic terms, equity addresses how income and wealth are distributed and aims to identify policies that ensure fair inequalities.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Equivalence Scale" 6date: 2023-10-05 7description: "A method of adjusting household incomes to account for differences in demographic composition." 8tags: ["equivalence scale", "household incomes", "welfare comparisons"] 9--- 10 11## Background 12 13The concept of "Equivalence Scale" plays a critical role in economic analyses, especially in the context of household income comparisons. Understanding how varying household sizes and compositions impact welfare is a fundamental aspect of economics to ensure fair and accurate comparisons.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Estate Duty" 6date: 2023-10-05 7description: "An examination of the defunct UK tax on the estate of a deceased person, replaced first by capital transfer tax and later by inheritance tax." 8tags: ["Taxation", "Public Finance", "UK Tax Law", "Estate Planning"] 9--- 10 11## Background 12 13Estate duty was a tax in the United Kingdom imposed on the total value of a deceased person's estate.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "European Monetary Union" 6date: 2023-10-05 7description: "The common monetary system for Europe including coordination of monetary policies, the creation of the European Central Bank, and the adoption of the single European currency." 8tags: ["European Monetary Union", "EMU", "monetary policy", "European Central Bank", "eurozone"] 9--- 10 11## Background 12 13The European Monetary Union (EMU) refers to the unified monetary framework adopted by European Union (EU) member states.
1--- 2meta: 3 date: false 4 reading_time: false 5title: "Export Surplus" 6date: 2023-10-05 7description: "An analysis and definition of 'export surplus,' including its historical context, various analytical frameworks, and related economic concepts." 8tags: ["Trade Balance", "Economics", "International Trade", "Export Surplus"] 9--- 10 11## Background 12 13Export surplus, often referred to in economic literature as a trade surplus, occurs when a country's exports exceed its imports. This is a key indicator of a nation’s economic health, affecting variables such as employment, GDP, and currency valuation.
