An analysis focusing on a specific part of the economy while ignoring the effects on the rest of the economy
A comprehensive overview of pension insurance contracts, their definition, concepts, and contextual applications.
The ability to predict future events correctly, assuming no uncertainty.
A comprehensive overview of performance-related pay, its historical context, analytical frameworks, and implications in economics.
Perquisites: Payments in kind attached to jobs, such as company cars and medical insurance.
The distribution of income across individuals, measured before or after taxes and transfers, and distinct from functional income distribution.
A detailed overview of a pension system that retains pension rights across different employers.
An economic concept where rising wages lead to higher prices, and higher prices lead to further wage increases.
Government purchase of goods and services, focusing on inefficiency, corruption, and protectionism.
An external effect of production that impacts others who are not directly involved in the production process.
The act of making as much profit as possible for a business, a key assumption in economic theory.
A formal agreement between parties on the distribution of profit from a business venture.
