An overview of farm subsidies, their purposes, forms, and implications.
An entry on the measurement and analysis of factor productivity in economics
An in-depth analysis of the concept of fairness in economics, along with its theoretical applications and implications.
An economic indicator calculated as the geometric mean of the Laspeyres and Paasche price indices for measuring price changes.
In trade cycle theory, the lowest level of real national product during the slump phase of a trade cycle.
A banking system wherein banks keep a fraction of their deposit liabilities as reserves in cash or highly liquid assets to meet their obligations.
An exploration of food subsidies, their role in the economy, and their broader socio-economic impacts.
Overview of the distribution of income among various factors of production.
Definition and meaning of fixed factors in economics, including their role in various time horizons of production.
Exchange rate quoted for delivery and payment on a specified future date.
A theorem that asserts international trade will equalize the prices of production factors across countries.
An economics term defining a system where a country’s exchange rate remains constant relative to a benchmark currency or basket of currencies.
