The concept of social welfare maximization by balancing the costs and benefits of pollution.
A measure of economic confidence based on survey responses about economic and personal financial conditions.
In economics, the choice from all possible uses of resources of that which gives the best result.
A group of countries that maximizes the benefits of using a single currency.
A contract permitting the holder the right, but not the obligation, to trade a specific asset at a predetermined price on or before a future date.
The value of orders received but not yet carried out by firms, usually in construction and engineering sectors.
The minimum number of times it is necessary to difference a non-stationary time series to produce a stationary series.
An examination of the order-driven market system where intermediaries match buy and sell orders.
A detailed examination of ordinal utility, meaning and its representation in economic theory.
A method of estimation of the coefficients in a linear regression by minimizing the sum of squared residuals.
The UK term for a share in the equity of a company, equivalent to common stock in the US.
The Organization for Economic Co-operation and Development (OECD) is an international organization established to aid member states in developing economic and social policies that promote sustained economic growth with financial stability.
