An overview of farm subsidies, their purposes, forms, and implications.
A theory of choice under risk highlighting psychological factors influencing decisions.
Comprehensive overview of the term 'Total Final Expenditure' in economics, its definition, historical context, conceptual background, and more.
The value of total sales of goods and services by any organization during a given period, or the total value of transactions in a given market.
The term 'player' in economics refers to any participant in a strategic situation being modeled, particularly within the context of game theory.
A detailed exploration of voting as a method of group decision-making, its mechanisms, and comparative aspects across economic thought.
Detailed examination of the concept of burden in economic contexts, specifically debt burden and tax burden.
An in-depth look into the concept of disinvestment and its implications in economics.
The difference between the average dividend yield on equities and the average yield on long-dated government bonds.
Understanding the concept of profit motive in economic theory, its historical context, and various analytical perspectives.
Understanding the concept of time discounting and its economic implications
Examination of how changes in economic variables like income, prices, and interest rates are transmitted across different sectors, regions, and countries.
An entry on the measurement and analysis of factor productivity in economics
An in-depth analysis of the concept of fairness in economics, along with its theoretical applications and implications.
An objective of economic policy aimed at maintaining steady prices by avoiding prolonged inflation and deflation.
An examination of side-payment as a financial inducement within economic agreements.
A model of the economy assuming price, wage, and interest rate flexibility with fully employed factors and output growth dependent on factor supply growth.
An intensive look into the concept, historical context, and analytical frameworks of public sector debt, also referred to as government debt.
Understanding the term transformation in economics, including marginal rate of transformation and structural transformation.
A pension scheme with insufficient accumulated funds to meet expected future liabilities.
Analysis of the economic concept of Dutch Disease, its implications, and associated frameworks.
An overview of the annuity rate, including its background, major frameworks, and related concepts.
Overview of the economic term 'domestic product,' its definition, historical context, and analytical frameworks.
A body representing employers in some sector of the economy, often managing collective bargaining and lobbying efforts.
An economic indicator calculated as the geometric mean of the Laspeyres and Paasche price indices for measuring price changes.
A comprehensive examination of strategic interaction where the decisions of economic agents affect each other's payoffs, commonly analyzed through game theory.
A package of policy measures designed to cure balance-of-payments problems.
Key insights into environmental taxes, their importance, implementation, and impact in the realm of economics
The UK system of state-financed medical treatment
UK Balance of Payments, an annual publication detailing the country's external economic affairs.
An entry defining and outlining the concept of real GDP in economic terms
A comprehensive understanding of financial securities, their types, and implications in economics.
A former measure of broad money (M3) in the UK, encompassing various monetary components.
A central banker with a higher valuation of price stability relative to activity levels than the average for a country’s population.
An exploration of spatial models in economics, focusing on product differentiation and consumer and producer location dynamics.
A fundamental concept in the barter system that refers to the challenge where two parties each hold an item the other wants, allowing them to engage in a direct exchange.
In trade cycle theory, the lowest level of real national product during the slump phase of a trade cycle.
An in-depth exploration of the economic concept of bottlenecks, focusing on its definition, context, and relevance.
An exploration of the proportion of national income spent on imports.
Possession of assets in excess of liabilities for individuals or firms, ensuring their ability to meet financial obligations.
A brief overview and complete understanding of statistical adjustment in economics.
A comprehensive analysis of X-efficiency, its meaning, and significance in economics.
An overview of convertible currency and its economic implications.
A comprehensive look at the concept of the mid-market price, its definitions, applications, and significance in financial markets.
An income derived by residents of a country from rents, dividends, and interest received from abroad
Combining two or more risky projects with uncorrelated returns to reduce overall risk dispersion. Crucial in insurance and investment portfolios.
An in-depth exploration of the term 'times covered' in the context of corporate finance.
Definition and explanation of the clearing system in banking, including its processes and significance.
A provision of a pension scheme in which the benefits to be received by the pensioner are predetermined and do not depend on the performance of the pension fund.
A process of competition that drives some existing firms out of the market.
Definition and concept of distributive judgement in economics, associated with equity.
Detailed explanation of the Public Sector Borrowing Requirement in economics
An overview of the term 'stag' in economics, referring to investors who subscribe to new issues of shares with the aim of selling them quickly for a profit.
An essential product that forms the basis of an area's or country's economy, or a consistently consumed good that fulfills basic needs.
A level of output which can be continued indefinitely, without impairing the future productivity of any natural resources used.
The fluctuation of economic activity around the long-term growth path, involving periods of growth and decline.
The movement of capital between countries, either as outflows of domestically owned capital to foreign countries or inflows of foreign-owned capital into a country.
Consumer non-durables are goods that are used up quickly and are not serviceable beyond their immediate one-time use.
Definition and meaning of default in an economic context, highlighting the implications for individuals, firms, and countries.
An auction where the auctioneer starts with a low price and keeps taking higher bids until there are no more bids, selling the item to the highest bidder.
An overview of optimal taxation, its theoretical underpinnings, and its applications in various economic paradigms.
Strength in arranging the terms of one’s dealing with other firms or people.
Overview of the distribution of income among various factors of production.
A comprehensive definition and understanding of the Giro system and its use in economic transactions.
The harmonic mean of a set of numbers, commonly used in various economic and statistical analyses.
Definition and detailed analysis of the primary market in financial economics.
The transfer to private ownership and control of assets or enterprises which were previously under public ownership.
The argument that changes in government policy are offset by changes in individual behavior, maintaining economic equilibrium.
Understanding Total Factor Productivity (TFP) and its implications in economics.
An economic concept illustrating the trade-offs between two goods or services that a production economy can achieve.
A comprehensive overview of banks as financial institutions, their types, and roles in the economy.
A comprehensive examination of the term 'budget' with a specific focus on its meaning, usage, and theoretical implications in economics.
An exploration of causality, focusing on Granger causality within econometrics
A measure to determine the market concentration by the sum of the market shares of a given number of the largest firms within an industry.
Exploring the Efficiency Frontier and its significance in economics, closely related to the Production Possibility Frontier.
A system of life insurance where the benefits to be received are linked to the level of an index of equity share prices.
Definition and meaning of fixed factors in economics, including their role in various time horizons of production.
Exchange rate quoted for delivery and payment on a specified future date.
Understanding index numbers as indicators showing the relative size of variables based on a chosen base value, typically representing averages or aggregates across sectors.
Retention of excess workers by a business during a downturn in expectation of future output recovery.
A graphical representation of inequality in income distribution within a country or region.
The system by which an economy is provided with money, ensuring financial stability and economic growth.
An overview of the economic term 'monetary union', including meaning, history, and key concepts.
A comprehensive guide to understanding occupational pensions, their types, funding mechanisms, and historical significance.
The cost incurred by individuals or firms to provide goods or services, excluding external harms unless legally obligated.
An overview and detailed examination of racial discrimination in economic contexts
An examination of 'range' as an economic term including its background, historical context, and major frameworks.
The area of the US from Pittsburgh to St Louis characterized by declining heavy industries, high obsolescence, and population loss.
The gradient, or the vector of partial derivatives, of the log-likelihood function with respect to the parameters of the distribution.
A comprehensive overview of seasonal unemployment, highlighting its causes, impacts, and variations across different economic frameworks.
Charges levied on individuals or their employers to pay for the costs of social security benefits.
An ordinary share in a company giving the owner the right to vote at the company’s general meetings.
Exploring the multifaceted definition and implications of 'work' within economic and social contexts.
The fiscal year used by the US federal government, running from October 1 to September 30 in the following year.
An analysis and understanding of cyclical unemployment within the context of economic cycles.
A comprehensive system for measuring the economic activity of a nation.
Total value of assets belonging to the citizens of a nation, including personal wealth, land, and natural resources.
An entry discussing the economic term 'quota,' its various types, implications, and effects on markets and competition.
The property of economic policies that their merits are relatively insensitive to the exact specification of the underlying model of the economy
Understanding specialization in economics, where entities focus on producing specific goods and services while relying on others for what they do not produce.
