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Definitions
Functional Income Distribution
Economics
Income Distribution
Factors of Production
Overview of the distribution of income among various factors of production.
Read more about Functional Income Distribution.
Definitions
Gaussian Process
Gaussian Process
Stochastic Process
Econometrics
Statistics
Stationary normally distributed stochastic process.
Read more about Gaussian Process.
Definitions
Giro
Giro
Banking
Payments
Economics
A comprehensive definition and understanding of the Giro system and its use in economic transactions.
Read more about Giro.
Definitions
Harmonic Mean
Harmonic Mean
Statistics
Economics
The harmonic mean of a set of numbers, commonly used in various economic and statistical analyses.
Read more about Harmonic Mean.
Definitions
Industrial Dispute
Labor Relations
Trade Unions
Industrial Action
Workplace Disputes
A disagreement between employees and employers concerning pay, hours of work, working conditions, manning levels, or job security.
Read more about Industrial Dispute.
Definitions
National Treatment
International Trade
Trade Policy
Economic Regulation
The requirement often included in trade agreements that governments treat the products of foreign firms on an equal basis with those of domestic firms.
Read more about National Treatment.
Definitions
Primary Market
Financial Market
Securities
Economics
Definition and detailed analysis of the primary market in financial economics.
Read more about Primary Market.
Definitions
Privatization
Privatization
Economics
Public Ownership
Private Ownership
The transfer to private ownership and control of assets or enterprises which were previously under public ownership.
Read more about Privatization.
Definitions
Ricardian Equivalence
Economics
Public Finance
Equilibrium
The argument that changes in government policy are offset by changes in individual behavior, maintaining economic equilibrium.
Read more about Ricardian Equivalence.
Definitions
Total Factor Productivity
Total Factor Productivity
Economics
TFP
Technology
Solow Residual
Understanding Total Factor Productivity (TFP) and its implications in economics.
Read more about Total Factor Productivity.
Definitions
Transformation Curve
Economics
Transformation Curve
Production Possibility Frontier
PPF
An economic concept illustrating the trade-offs between two goods or services that a production economy can achieve.
Read more about Transformation Curve.
Definitions
Bank
Bank
Financial Institution
Economics
Investment
Central Banking
A comprehensive overview of banks as financial institutions, their types, and roles in the economy.
Read more about Bank.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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