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Definitions
Cabotage
Economics
Trade
Protectionism
Transportation
The transport of goods within a country, typically subject to regulation requiring the use of domestic carriers.
Read more about Cabotage.
Definitions
Cash Limits
Public Finance
Budgeting
Fiscal Policy
Limits set on overall expenditure in cash terms to enhance efficient use of government and business expenditures.
Read more about Cash Limits.
Definitions
Commercial Presence
International Trade
Foreign Direct Investment
Multinational Companies
The establishment of a company's office, branch, or subsidiary in a foreign country for business activities.
Read more about Commercial Presence.
Definitions
Consumer Choice
Consumer Choice
Consumer Behavior
Economic Theory
An exploration of the concept of consumer choice, detailing its significance in economics and its relationship to consumer behavior.
Read more about Consumer Choice.
Definitions
Cost Minimization
Cost Minimization
Production
Economics
Optimization
The objective of an enterprise to produce its output at the lowest possible cost while maintaining the specified quality of goods or services.
Read more about Cost Minimization.
Definitions
Credit
Credit
Economics
Finance
Debt
An in-depth look into the system by which goods or services are provided for deferred payment
Read more about Credit.
Definitions
Differential Game
Economics
Game Theory
Differential Game
Optimal Control
A game set in continuous time, where the change in the state variable is determined by the strategies of the two players.
Read more about Differential Game.
Definitions
Distortions in Economics
Distortions
Market Failure
Economics
Examination of how distortions impact the efficiency of price mechanisms in an economy.
Read more about Distortions in Economics.
Definitions
Employee
Labor Economics
Employment
Human Resources
A person working for somebody else, for wages or salary, under a contract of employment.
Read more about Employee.
Definitions
Export-led Growth
Export-Led Growth
Economic Growth
International Economics
Growth in which exports increase faster than other components of national expenditure.
Read more about Export-led Growth.
Definitions
Fiscal Year - Definition and Meaning
Fiscal Year
Accounting
Government Budget
The year used for accounting purposes by a government, varying by country.
Read more about Fiscal Year - Definition and Meaning.
Definitions
Flight from Money
Inflation
Hyperinflation
Economics
Currency
Medium of Exchange
Understanding the phenomenon where high inflation causes people to abandon their country's currency.
Read more about Flight from Money.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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