Strategic Behaviour
An introduction to the concept of strategic behaviour in economics and its implications.
Strategic Voting
Definition and exploration of the concept of strategic voting in economics and political science.
Subsistence Level
An overview of the term 'subsistence level' which refers to the minimum level of consumption required for survival.
Surplus Value
The excess of what workers can produce over what they need to consume.
Syndicate - Definition and Meaning
A comprehensive overview of syndicates, particularly in the context of Lloyd's of London, including their function, historical perspective, and theoretical frameworks.
Solow residual
Understanding the Solow residual in economic growth accounting, its importance, and applications.
Stamp Duty
Tax on transactions necessitating documents to carry an official stamp for legal validation.
Stolper–Samuelson Theorem
An explanation of the Stolper–Samuelson theorem and its impact on income distribution and trade economics.
Store of Value
The function of money through which it can be preserved and used in the future without losing value.
Social Safety Net
A system designed to ensure individuals' incomes do not fall below a minimum level, including various benefits and services.
Stochastic Process
A detailed exploration of the concept of stochastic processes in economics, including definitions, historical context, and major analytical frameworks.
Scarce Currency Clause
A provision in the original rules of the International Monetary Fund (IMF) to address potential scarcity in its currency stocks.