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Definitions
Condorcet Paradox
Condorcet Paradox
Voting Theory
Economics
Social Choice Theory
The observation that the preference order resulting from pairwise majority voting can be intransitive.
Read more about Condorcet Paradox.
Definitions
Confederation of British Industry
Economics
Business
UK Economy
A federation of UK companies, primarily from the manufacturing sector, founded in 1965 that lobbies government and collects information from members on various economic policies and regulations.
Read more about Confederation of British Industry.
Definitions
Confidence Interval
Economics
Statistics
Sampling
Estimation
Understanding Confidence Intervals in Economics
Read more about Confidence Interval.
Definitions
Conglomerate Merger
Merger
Economics
Business
A merger between firms operating in different sectors of the economy.
Read more about Conglomerate Merger.
Definitions
Conjectural Variation
Economics
Oligopoly
Market Structure
Conjectural Variation
An analysis of a model in oligopoly where firms form expectations about their rivals’ reactions to changes in strategy.
Read more about Conjectural Variation.
Definitions
Conservative Social Welfare Function
Social Welfare
Economic Policy
Pareto Criterion
Conservative Policies
Utilitarianism
An economic evaluation method prioritizing the reduction of welfare losses over increases.
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Definitions
Consolidated Accounts
Consolidated Accounts
Group Companies
Financial Accounting
Corporate Finance
An overview and detailed explanation of consolidated accounts in the realm of group companies and their financial practices.
Read more about Consolidated Accounts.
Definitions
Consols (Consolidated Fund Annuities)
Government Securities
Perpetuities
Long-Term Interest Rate
British Financial History
Comprehensive overview of Consols, their origin, functionality, and economic implications.
Read more about Consols (Consolidated Fund Annuities).
Definitions
Consortium
Economics
Business
Finance
Collaboration
Joint Venture
A group of companies or banks combining to run a project, often too large or risky for a single firm. Example: The Channel Tunnel.
Read more about Consortium.
Definitions
Conspicuous Consumption
Conspicuous Consumption
Economics
Socioeconomic Behavior
Social Status
Spending on goods and services primarily to display income or wealth, or to attain a certain social status.
Read more about Conspicuous Consumption.
Definitions
Constant Elasticity of Substitution (CES)
Economics
Production Function
Utility Function
An economics term denoting a production function or utility function with a constant elasticity of substitution between inputs.
Read more about Constant Elasticity of Substitution (CES).
Definitions
Constant Elasticity of Substitution (CES)
Economics
Elasticity
Utility Functions
Production Functions
A detailed exploration of the constant elasticity of substitution, its definitions, concepts, historical context, and analytical frameworks.
Read more about Constant Elasticity of Substitution (CES).
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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