An economic variable whose value is tied to an index number, commonly used to adjust interest, wages, or pensions to shield against inflation.
A system for making the performance of an investment or unit trust mimic that of a share index.
A hybrid economic planning approach that seeks to blend decentralization with central planning by shaping expectations and influencing investment behaviors.
A graphical representation of the set of commodity bundles that are ranked as equally good by a consumer.
An exploration of the concept of indirect investment, its mechanisms, and implications in financial markets.
A method for estimating the structural parameters of a simultaneous equations model by using ordinary least squares on the reduced form.
The maximum utility level a consumer can achieve expressed as a function of prices and income.
The concept and application of the indirect utility function in Economics
Understand the concept and nuances of Individual Retirement Accounts (IRAs), a key retirement saving tool in the US providing tax advantages.
An Individual Savings Account (ISA) is a financial scheme in the UK that allows individuals to save money without paying income tax or capital gains tax.
Understanding the concept of indivisibility in economics, especially in production processes.
Investment in response to changes in output, typically examined at a macroeconomic level.
