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Definitions
Factor Price Equalization
International Trade
Heckscher-Ohlin Model
Economic Theorem
Factor Prices
Trade Theory
A theorem that asserts international trade will equalize the prices of production factors across countries.
Read more about Factor Price Equalization.
Definitions
Fixed Exchange Rate
Fixed Exchange Rate
Exchange Rate
Foreign Exchange Reserves
Monetary Policy
An economics term defining a system where a country’s exchange rate remains constant relative to a benchmark currency or basket of currencies.
Read more about Fixed Exchange Rate.
Definitions
Free Market: Definition and Meaning
Economics
Free-Market
Market Systems
A comprehensive look at the concept of a free market, its historical context, analytical frameworks, and related economic theories.
Read more about Free Market: Definition and Meaning.
Definitions
General Agreement on Trade in Services
Global Trade
International Agreements
Services Sector
An international agreement on trade in services achieved in 1994 as part of the Uruguay Round of GATT negotiations.
Read more about General Agreement on Trade in Services.
Definitions
Hang Seng Index
Finance
Stock Market
Hong Kong
The principal index of Hong Kong share prices.
Read more about Hang Seng Index.
Definitions
Hard Budget Constraint
Budget Constraint
Economics
Fiscal Policy
A limit to spending by some private or public body, where the consequences of breaching it are expected to be significant.
Read more about Hard Budget Constraint.
Definitions
Hiring
Labor Economics
Human Resources
Management
The process of taking on new employees, an essential function of management, which may be subject to various legal restrictions.
Read more about Hiring.
Definitions
Idiosyncratic Risk
Idiosyncratic Risk
Economics
Risk Management
Investment Portfolios
Market Risk
An analysis of idiosyncratic risk in economics, its implications and key concepts.
Read more about Idiosyncratic Risk.
Definitions
Income Expansion Path
Income Expansion Path
Goods
Economic Analysis
Demand
Elasticity
A comprehensive overview of the income expansion path and its implications in economic analysis.
Read more about Income Expansion Path.
Definitions
Inflation Tax
Inflation
Economics
Taxation
Macroeconomics
The effect of inflation on the real value of money and government debt denominated in money terms
Read more about Inflation Tax.
Definitions
Interest Equalization Tax
International Finance
Monetary Policy
Fiscal Policy
An overview of the Interest Equalization Tax, its historical context, definitions, major analytical frameworks, and further studies
Read more about Interest Equalization Tax.
Definitions
Interior Solution
Economics
Optimization
Result Analysis
A detailed examination of the concept of interior solution (interior optimum) in the context of constrained optimization problems.
Read more about Interior Solution.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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