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Definitions
Normal Profit
Economics
Normal Profit
Opportunity Cost
Understanding Normal Profit in Economics
Read more about Normal Profit.
Definitions
Normative Economics
Economics
Normative Economics
Economic Theory
An exploration of normative economics, its definitions, and major analytical frameworks.
Read more about Normative Economics.
Definitions
North Sea Oil
North Sea Oil
Oil Production
UK Economy
Balance of Payments
Oil Technology
Oil produced in the North Sea, its impact on UK production, and economic implications.
Read more about North Sea Oil.
Definitions
Nucleolus
Game Theory
Cooperative Games
Economics
An economic term used in cooperative game theory to refer to a configuration of pay-offs that minimizes the maximum dissatisfaction among coalitions.
Read more about Nucleolus.
Definitions
Nudge Unit
Behavioral Economics
Public Policy
Behavioral Insights Team
Definition and examination of the Nudge Unit and its role in applying behavioral insights to public policy.
Read more about Nudge Unit.
Definitions
Null Hypothesis
Statistics
Null Hypothesis
Economics
Hypothesis Testing
Data Analysis
Understanding the concept of the null hypothesis in statistical inference.
Read more about Null Hypothesis.
Definitions
Numeraire
Economics
Standard of Value
Numeraire
A good used as the standard of value for other goods, with its price defined to be one.
Read more about Numeraire.
Definitions
NYSE Euronext
Stock Exchange
Financial Markets
Mergers
NYSE
Euronext
A comprehensive overview of NYSE Euronext, a pan-European stock exchange formed from the merger between Euronext and NYSE Group in 2006.
Read more about NYSE Euronext.
Definitions
Objective 1 Region
EU
Economic Development
Financial Assistance
A region in the European Union with under 75% of the average EU per capita income, eligible for financial assistance.
Read more about Objective 1 Region.
Definitions
Obsolescence
Obsolescence
Economics
Economic Theory
Depreciation
Value
Loss of value of an asset and related concepts in economics.
Read more about Obsolescence.
Definitions
Occam’s Razor
Occam's Razor
Simplification
Scientific Theory
Epistemology
A principle in theoretical and empirical problem-solving emphasizing simplicity and parsimony.
Read more about Occam’s Razor.
Definitions
Off-Balance-Sheet Finance
Finance
Leasing
Risk Management
Corporate Strategy
A financial practice where businesses use lease agreements to control assets without incorporating them into the balance sheet.
Read more about Off-Balance-Sheet Finance.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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