An overview of the economic concept of tastes and its implications for consumer behavior and preferences.
A comprehensive look at the concept of taxation in economics, its various frameworks, and historical social impact.
An explanation of tax allowance, its importance, and implications in economic theory and practice.
Arranging one’s affairs to reduce the amount of tax that has to be paid. Provides a contrast between legal tax avoidance and illegal tax evasion, and discusses related concepts such as the General Anti-Avoidance Rule.
The set of incomes and transactions on which direct and indirect taxes are levied.
A comprehensive entry on the concept of tax evasion in economics.
A country providing foreign residents opportunities for legal and illegal tax reduction strategies.
A comprehensive federal statute of 1986 that aimed to simplify the U.S. income tax code, broaden the tax base, and eliminate many tax shelters and preferences.
The value that determines the limit of tax-free activity in income and other tax systems.
The portion of an individual's or corporation's income subject to taxation.
An overview of Technical Analysis, its theoretical underpinnings, and applications in economic contexts.
Examination and understanding of Technical Barriers to Trade in the context of global economics.
An exploration of the concept of technical efficiency in economics, its implications, and distinctions from other forms of efficiency.
Improvement in knowledge about techniques for production, allowing for more output or efficiency.
A specification of the design of particular goods or components to ensure compatibility.
Examination of technical substitution in economic analysis, including elasticity and marginal rate of technical substitution concepts.
A definition and explanation of the concept of the technology gap, the difference in techniques available for production between countries.
The transfer of techniques from countries where they are more advanced to other countries where they are less advanced.
An overview of the concept of temporary equilibrium in economic models and its implications for dynamic economies.
A bid to undertake a project encompassing information on the bidder, project approach, and pricing.
Understanding tender issue in economics, its meaning and context within Treasury bills bidding and issuance.
A funding facility introduced by the US Federal Reserve System in 2008 aimed at encouraging lending to households and small businesses through support of asset-backed securities issuance.
The relation between the rate of interest paid by a financial security and the time until maturity of the security.
The concept and nuances of third-degree price discrimination in economics
An in-depth look at third-party insurance, its significance, and its variations across different regions.
Examination of the concept of thrift in economics, its historical context, frameworks, and related definitions.
An economic hypothesis asserting that economic efficiency is achieved in an economy with local public goods through consumer choice of location.
Definition and meaning of tied loans in the context of foreign loans to less developed countries.
An extensive analysis of tight monetary policy, its historical roots, frameworks, and implications.
The most remote future period taken into account in making economic decisions.
A dictionary entry exploring the economic concept of time-inconsistency, which occurs when a policy-maker acts counter to previous commitments due to changing incentives.
A comprehensive overview of time-series data, including its definition, historical context, analytical frameworks, and related terms.
An exploration of the Tit for Tat strategy in repeated games, particularly the Prisoner's Dilemma.
An examination of token money, its importance in modern economies, and the evolution of money from physical to digital forms.
Definition and exploration of the term 'tolerance interval' in the field of economics and statistics
Explanation of the concept of Total Revenue in economics
An examination of Township and Village Enterprises (TVEs) in China, their evolution, and impact on rural industrialization.
Understanding toxic debt, its implications, and frameworks for analysis
Goods and services of types which can be traded internationally.
Understanding the exchange of goods and its foundational role in economic activity.
A voluntary body representing the firms engaged in a particular type of business.
A comprehensive entry on the Trade Cycle, detailing its definition, historical context, and theoretical frameworks.
The economics term 'trade diversion,' highlighting its meaning, historical context, and analytical frameworks.
An in-depth exploration of trade policy, its definitions, variations, and impacts.
Discussions on the arrangements for international trade conducted bilaterally, regionally, or globally.
Exploring the concept of trade-offs in economics, wherein achieving more of one good or objective necessitates giving up some of another.
An index number weighted according to the shares of various countries in a nation’s trade, used to compute the country's effective exchange rate.
A symbol, logo, or name used to enable the public to identify the supplier of goods
A currency used to invoice international trade transactions.
The process of improving workforce skills through formal instructional courses or on-the-job training.
A comprehensive free-trade agreement aimed at deepening economic ties between 12 Pacific Rim countries.
An approach to the economic explanation of institutions examining the relative merits of conducting transactions within and between firms.
The desire to hold money in order to finance transactions.
An entry on the concept of transfer earnings in economics, exploring various facets including historical context, major analytical frameworks, and case studies.
Understanding transfer payments and their role in economics
An exploration of transfers in kind, their definitions, historical context, and analytical frameworks.
Unemployment due to significant shifts in the economic structure, affecting less skilled workers during periods of major economic changes.
Understanding the concept of transitory income in economics
Policy measures whose operation is open to public scrutiny.
The expenses associated with moving goods from one location to another, influenced by factors such as the weight, size, fragility, and perishability of the goods.
An overview of the concept of 'trap' in economics, including liquidity traps and poverty traps
Treasuries serve as the primary federal agency responsible for implementing the government's economic policies.
Definition and meaning of the term 'treatment group' in economics, statistics, and experimental research.
A measure of the loss caused by an output level at which marginal cost and marginal benefit are not equal.
Definition and meaning of the term 'trillion' in the field of economics.
An exploration of trust in economic contexts, particularly in situations of asymmetric information and repeated games.
An individual or company legally responsible for administering property on behalf of a beneficiary.
A comprehensive entry explaining the concept, implications, and comparative analysis of turnover tax in economics.
A characterization of the optimal, or welfare-maximizing, growth path for the economy in growth theory.
An economic pricing strategy where customers pay a higher price up to a set quantity, and a lower price thereafter.
A graphical representation mirroring the Beveridge curve that illustrates the relationship between job vacancies (v) and unemployment (u)
A comprehensive entry on the Unbiased Expectations Hypothesis, including background, historical context, definitions, major analytical frameworks, comparative analysis, and related terms.
A comprehensive entry on the concept of unbundling in economics.
Definition and implications of being unable to realize potential profit due to high costs, poor quality, or other competitive disadvantages.
A detailed exploration of the concept of an under-valued currency, its consequences, causes, and related economic aspects.
Definition and meaning of the term 'underground economy', focusing on unrecorded economic activities.
An overview of the underlying rate of inflation, particularly in the UK context, distinguishing it from the headline rate of inflation.
Profits retained within a business, not paid out in taxes or dividends, used for reinvestment purposes.
Personal income derived from sources other than work. It thus consists of rent, dividends, interest, and transfer payments.
An economic term referring to income support payments to the unemployed, with national and regional variations in its implementation.
Definition and Meaning of Unemployment Rate in Economics.
Inflation at a higher or lower rate than had been expected, affecting wage agreements, loan contracts, and purchasing power distribution.
Business practices that involve disadvantaging competitors via unethical or illegal strategies.
A pension scheme where current beneficiaries are paid from current revenue or contributions without a pension fund.
A comprehensive entry on the concept of Uniform Distribution in economics, including its definitions, historical context, and major analytical frameworks.
A distribution that has a single unique mode, or peak.
Definition and examination of the term unique equilibrium in economics.
Definition and exploration of Unit Elasticity in Economics
A standard monetary unit used to measure the value of goods and services, pivotal for the expression of contracts and the assessment of incomes and profits.
A comprehensive overview of the unit root process in time series analysis within economics.
A comprehensive dictionary entry on unit-free measure in economics.
A system of taxing firms operating in several countries based on a country’s share in their total operations.
An economic term describing a business owner's responsibility for all the debts and financial obligations of their business without limit.
An exploration of unpaid labour, encompassing various types of non-remunerated work contributions.
An examination of the term 'upstream' within the context of economic supply chains and backward integration.
A comprehensive overview of the user cost of capital, including its definitions, frameworks, historical context, and case studies.
The concept of a util as a theoretical unit of measurement for utility in economics.
Definition and Meaning of the Utility Function in Economics
