Microeconomics - Definition and Meaning
Comprehensive overview of microeconomics, focusing on the decision-making processes of individuals and firms, economic equilibria, and the impact of government policies on economic outcomes.
Migration: Definition and Meaning
An in-depth examination of the term 'migration,' its economic implications, historical context, and related analytical frameworks.
Military–Industrial Complex
Exploration of the term 'military–industrial complex,' its origins, impact, and significance in economic and political realms.
Millennium Development Goals
A comprehensive overview of the Millennium Development Goals, adopted by world leaders in 2000 with a target for achievement by 2015.
Millennium Round
The Millennium Round refers to the latest series of trade negotiations under the World Trade Organization that started in 1999 but failed to reach an agreement initially.
minimax
The objective in decision theory of minimizing the maximum loss.
Minimax Regret
A decision rule in decision theory for minimizing the maximum potential regret across various actions under uncertainty.
Minimum Efficient Scale
The minimum level of any activity at which all known economies of scale have been exhausted.
Minimum Wage: Definition and Meaning
A comprehensive analysis of the concept and implications of minimum wage in economic theory and practice.
Minority Shareholder
A shareholder who owns only a minority of the voting shares of a company.