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Definitions
Short-Run Marginal Cost
Economics
Marginal Cost
Production
Understanding short-run marginal cost in economic production.
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Definitions
Short-Run Phillips Curve
Economics
Macroeconomics
Inflation
Unemployment
Phillips Curve
A concept in macroeconomics highlighting the short-term trade-off between inflation and unemployment
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Definitions
Short-termism: Definition and Meaning
Economics
Business Conduct
Investment
An overview of short-termism in economic contexts, examining its implications and various theoretical frameworks.
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Definitions
Short-Time Working
Labor Economics
Employment
Human Resources
Short-time working: reducing hours of work to minimize layoffs and maintain workforce attachment.
Read more about Short-Time Working.
Definitions
Shortage
Economics
Market Dynamics
Supply and Demand
Understanding Shortages in Economics: Causes, Implications, and Management
Read more about Shortage.
Definitions
Shut-Down Price
Economics
Microeconomics
Production Theory
Business Strategy
A pivotal concept in economics representing a price point below which a firm opts to halt production due to excessive losses.
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Definitions
Shuttle Trade
Shuttle Trade
Cross-Border Trade
Arbitrage
Informal Trade
Trade associated with travel, typically involving cross-border transactions by individual entrepreneurs or small firms.
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Definitions
Sickness Benefit
Economics
Social Welfare
Labor Economics
Health Economics
A benefit paid to workers temporarily unable to work because of illness.
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Definitions
Side-effects
Economics
Policy Analysis
Side-Effects
Externalities
Explanation of unintended results of policies in economics, known as side-effects.
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Definitions
Signalling
Asymmetric Information
Economics
Labor Market
Education
Actions undertaken primarily to convey information to prospective customers or employers, particularly in the context of asymmetric information.
Read more about Signalling.
Definitions
Significance Level
Statistics
Hypothesis Testing
Type I Error
A comprehensive overview of the significance level, concept, and its implications in hypothesis testing.
Read more about Significance Level.
Definitions
Significance Test
Economics
Statistics
Hypothesis Testing
Regression Analysis
An overview of significance tests, their formulation, and application in the context of linear regression models.
Read more about Significance Test.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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