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Definitions
Non-Tariff Barriers
Non-Tariff Barriers
International Trade
Trade Policy
Economic Obstructions to International Trade Other Than Tariffs
Read more about Non-Tariff Barriers.
Definitions
Option Value
Economics
Investment
Financial Instruments
Liquidity Preference
An examination of the concept of option value in economics, including its implications for investment decisions and financial instruments.
Read more about Option Value.
Definitions
Overheating
Keynesian Economics
Inflation
Trade Balance
An examination of overheating in economic terms, primarily from a Keynesian perspective.
Read more about Overheating.
Definitions
Panchayati Raj
Panchayati Raj
Local Administration
Rural Development
India
A system of local administration in India based on self-governance.
Read more about Panchayati Raj.
Definitions
Pareto Efficiency
Pareto Efficiency
Economics
Welfare Economics
Competitive Economy
Equilibrium
A comprehensive overview of Pareto efficiency in economic allocation.
Read more about Pareto Efficiency.
Definitions
Pareto Law
Pareto Law
80-20 Rule
Vilfredo Pareto
Economic Principles
An economic principle stating that 80 percent of effects come from 20 percent of causes.
Read more about Pareto Law.
Definitions
Partial Equilibrium
Partial Equilibrium
Economic Analysis
Supply and Demand
An analysis focusing on a specific part of the economy while ignoring the effects on the rest of the economy
Read more about Partial Equilibrium.
Definitions
Pension Insurance Contract
Pension
Insurance
Economics
Retirement
Investment
A comprehensive overview of pension insurance contracts, their definition, concepts, and contextual applications.
Read more about Pension Insurance Contract.
Definitions
Perfect Foresight
Perfect Foresight
Rational Expectations
Uncertainty
Prediction
The ability to predict future events correctly, assuming no uncertainty.
Read more about Perfect Foresight.
Definitions
Performance-Related Pay
Labor Economics
Incentive Systems
Compensation Strategies
A comprehensive overview of performance-related pay, its historical context, analytical frameworks, and implications in economics.
Read more about Performance-Related Pay.
Definitions
Perquisites
Economics
Labor Economics
Compensation
Perquisites: Payments in kind attached to jobs, such as company cars and medical insurance.
Read more about Perquisites.
Definitions
Personal Income Distribution
Economics
Income Distribution
Inequality
Taxation
The distribution of income across individuals, measured before or after taxes and transfers, and distinct from functional income distribution.
Read more about Personal Income Distribution.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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