# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Premium Bond
A UK government security with a unique structure involving a lottery-based reward system.
Prescriptive Statement
A formal description and analysis of prescriptive statements, their implications in economics, and comparison with other economic statements.
Present Discounted Value
Definition and explanation of present discounted value (PDV), a core concept in economics used to determine the current value of future payments or cash flows.
Pressure Group
An organization that aims to bring about changes in laws or policies, possibly in the interest of its members or a wider cause like the environment.
Price
An explanation and analysis of the term 'price' and its significance in economic theory and practice.
Price Control
The setting of maximum or minimum prices by law to regulate markets.
Price Effect
A comprehensive exploration of the 'price effect' in consumer theory understanding consumption variations due to changes in commodity prices.
Price Fixing
An agreement between two or more firms about the prices they will charge, which is considered anti-competitive and is forbidden by legislation in many countries.
Price Floor
A comprehensive entry on the concept of price floors in economics, covering its definitions, historical context, major analytical frameworks, and more.
Price Index
An index number representing the average of prices of goods in a given category.
Price Leader
A firm whose price changes tend to be followed by other sellers in its markets.
Price Level
The general level of prices in an economy, measured by retail price index or GDP deflator.