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Definitions
Public Works
Public Works
Infrastructure
Government Projects
Economics
Development
An overview of public works as construction projects funded by the government.
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Definitions
Pump Priming
Macroeconomics
Fiscal Policy
Economic Stimulus
The theory and application of government intervention through temporary spending to stimulate economic recovery.
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Definitions
Punishment Strategy
Game Theory
Nash Equilibrium
Repeated Games
A strategy used in repeated games to secure outcomes not achieved by a single play Nash equilibrium.
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Definitions
Purchase Tax
Purchase Tax
UK Taxation
Consumer Goods Tax
Historical Tax
Definition and overview of Purchase Tax, a UK tax on consumer goods replaced by Value-Added Tax in 1973.
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Definitions
Purchasing Power
Economics
Inflation
Price Index
The amount of real goods and services each unit of money will buy.
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Definitions
Purchasing Power Parity (PPP)
Exchange Rates
International Economics
Price Level
Arbitrage
A comprehensive understanding of Purchasing Power Parity (PPP) in economics
Read more about Purchasing Power Parity (PPP).
Definitions
Pure Floating Exchange Rate
Exchange Rate
Economics
International Finance
Understanding the concept of a pure floating exchange rate, its implications, and associated risks.
Read more about Pure Floating Exchange Rate.
Definitions
Put Bond
Bond
Finance
Investment
Fixed Income
A put bond, also known as a retractable bond, allows the bondholder to force the issuer to repurchase the bond at specified dates before maturity.
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Definitions
Put Option
Finance
Derivatives
Risk Management
Investments
A contractual agreement giving the right, but not the obligation, to sell an asset at a predetermined price on a specified future date.
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Definitions
Pyramid Scheme
Fraud
Investment
Economics
Definition and meaning of a pyramid scheme, including its mechanics and economic implications.
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Definitions
Qualitative Data
Qualitative Data
Categorical Variable
Economics
Data classified into categories based on characteristics or features rather than measurements.
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Definitions
Quality Control
Economics
Quality Control
Production
The system for checking the quality of a product.
Read more about Quality Control.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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