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Definitions
I
Definitions
IOU
IOU
Economic Terms
Debts
Finance
An unsecured promise to pay; it stands for ‘I owe you’.
Read more about IOU.
Definitions
Import Propensity
Economics
Import
National Income
An exploration of the proportion of national income spent on imports.
Read more about Import Propensity.
Definitions
Industrial Dispute
Labor Relations
Trade Unions
Industrial Action
Workplace Disputes
A disagreement between employees and employers concerning pay, hours of work, working conditions, manning levels, or job security.
Read more about Industrial Dispute.
Definitions
Incidence of Taxation
Taxation
Economic Incidence
Burden of Tax
Tax Policy
The distribution of the burden of taxation between different economic agents and its impact on welfare
Read more about Incidence of Taxation.
Definitions
Index Number
Index Number
Economics
Statistics
Laspeyres Index
Paasche Index
Understanding index numbers as indicators showing the relative size of variables based on a chosen base value, typically representing averages or aggregates across sectors.
Read more about Index Number.
Definitions
Idiosyncratic Risk
Idiosyncratic Risk
Economics
Risk Management
Investment Portfolios
Market Risk
An analysis of idiosyncratic risk in economics, its implications and key concepts.
Read more about Idiosyncratic Risk.
Definitions
Income Expansion Path
Income Expansion Path
Goods
Economic Analysis
Demand
Elasticity
A comprehensive overview of the income expansion path and its implications in economic analysis.
Read more about Income Expansion Path.
Definitions
Inflation Tax
Inflation
Economics
Taxation
Macroeconomics
The effect of inflation on the real value of money and government debt denominated in money terms
Read more about Inflation Tax.
Definitions
Interest Equalization Tax
International Finance
Monetary Policy
Fiscal Policy
An overview of the Interest Equalization Tax, its historical context, definitions, major analytical frameworks, and further studies
Read more about Interest Equalization Tax.
Definitions
Interior Solution
Economics
Optimization
Result Analysis
A detailed examination of the concept of interior solution (interior optimum) in the context of constrained optimization problems.
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Definitions
Internal Rate of Return (IRR)
Finance
Investment
Project Evaluation
Corporate Finance
An overview of the internal rate of return (IRR) concept which determines the interest rate where the net present value of a project is zero.
Read more about Internal Rate of Return (IRR).
Definitions
Interpersonal Comparisons
Economics
Welfare
Utility
Comparability
Ordinal Utility
Cardinal Utility
Comparing the welfare of one individual with another using utility functions.
Read more about Interpersonal Comparisons.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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