Detailed exploration of the concept of utility maximization in economics, including its historical context, definitions, and major analytical frameworks.
An exploration of the concept of utility in economics, its definitions, and applications across various economic theories.
Comprehensive overview and analytical dimensions of the term 'Value' in economics, with various economic frameworks and comparative analysis.
An exploration of the economic term 'value added', its significance, and its role in national income.
An explanation of the Value Index in economics, including its definition, calculation, and practical applications.
An exploration of value judgement in economics, distinguishing normative from positive economics.
The economic measure representing the part of the total increase in value of stocks and work in progress resulting from changes in their quantities, distinguishing from price revaluation changes.
A comprehensive entry on the value-added tax (VAT), its meaning, historical context, definitions, analytical frameworks, and related concepts.
A professional who estimates the price of goods if sold, frequently engaged during the transfer of stock from one proprietor to another.
An overview of the Vector Autoregressive (VAR) model, its definitions, contexts, and applications within economics.
A comprehensive look at what constitutes a variable in economics, including different classifications and their roles in economic models
Understanding variable factor proportions in production processes and their economic implications.
A comprehensive entry on the definition and implications of variance in the realm of economics and finance.
Overview of the variance–covariance matrix in economics and statistics, covering definitions, concepts, and analysis frameworks.
An entry on the economic concept of variety, particularly in reference to goods differentiated by specification or brand name.
The procedure whereby firms are added to the value-added tax (VAT) register.
A report documenting a firm’s sales of goods and services subject to value-added tax (VAT), required from firms registered for VAT.
An economic term denoting a currency widely used in international trade transactions between countries that do not use that currency domestically.
The frequency with which a unit of currency circulates in the economy for transactions over a specific period.
The combination in one firm of two or more stages of production usually operated by separate firms.
A merger between two firms where one is a major supplier of the other.
An overview of volatility, its meaning in finance, and how it is measured.
Detailed exploration of the concept of voluntary exchange within the field of economics.
A certificate usable in place of money for specific purposes, such as education or housing.
A detailed exploration of wage differential within the context of economics, covering its meaning, types, and analytical frameworks.
The tendency of wage rates to be ‘sticky’ and not adjust to clear the market in the short run.
A type of inflation triggered by increases in wages.
Understanding the wage–price spiral, a phenomenon where wage and price increases perpetuate each other, contributing to ongoing inflation.
Insight into the symbolic and functional epicenter of high finance in the United States
A guarantee by the provider of goods or services as to their quality
An asset which diminishes over time due to usage or time passage
A principle in consumer theory ensuring that a consumer's choices are consistent with a utility-maximizing behavior
The total value of a person's net assets, including various forms such as money, shares, real estate, and debt instruments.
The impact of an increase in an individual's total wealth on their level of expenditure and saving patterns.
Explanation of the term 'weights in index numbers,' its importance, and applications in economics.
A method of deciding whether a proposed change in the economy should be made based on specific criteria evaluating gains and losses.
Definition and meaning of the welfare state in economics
An entry exploring the concept of white noise, particularly within economic contexts such as time series analysis and autoregressive moving average models.
An entry exploring the concept of white noise, particularly within economic contexts such as time series analysis and autoregressive moving average models.
Banking by institutions which specialize in dealing with other financial institutions, large firms, and wealthy individuals.
The prices of goods dealt with on a wholesale basis, important for economic indicators and analyses.
The sale of goods to distributors, rather than the general public.
The potential financial loss experienced by the winning firm in competitive tendering or auction scenarios due to misestimation of costs or revenues.
An estimator of the parameters in a panel data model using deviations from time averages.
A fundamental theorem in time series analysis that decomposes a zero-mean covariance stationary stochastic process into a deterministic and a non-deterministic part.
Definition and meaning of worker participation in firm decision-making
A comprehensive examination of worker-controlled firms, also known as producers' cooperatives, where both ownership and management responsibilities are vested in the workers.
Comprehensive exploration of the term 'Workforce,' synonymous with 'labour force'
An overview of working capital in business finance, its components, and significance.
An examination of the failure of firms or organizations to achieve maximum possible efficiency with their inputs.
Definition and meaning of 'year' in economic contexts, such as budget year, financial year, and fiscal year.
A family-controlled vertically integrated cartel of industrial and financial business that existed in Japan before World War II.
A bond that does not make any periodic coupon payments, sold at a discount from its face value and pays the face value at maturity.
The state of an economy characterized by no further expansion in economic activity.
Definition and Economics Context of Zero Interest Rate
Definition and meaning of zero-rated goods and services in the VAT system
Definition and analysis of the economic concept Zero-Sum Game
Definition and analysis of the economic concept Zero-Sum Game
An entry for understanding Autoregressive Conditional Heteroscedasticity (ARCH) models used in time series analysis in economics.
An in-depth exploration of the binomial distribution, its historical context, definitions, major analytical frameworks, and applications.
An economics term referring to a measure of the change in the cost of maintaining a given standard of living, assuming all factors remain constant except for the prices of goods in the index
Incomes derived from selling the services of factors of production
Medium-Term Financial Strategy (MTFS) is a policy adopted by the UK government in 1980 aimed at controlling inflation through long-term reductions in government borrowing and money supply growth.
A relatively inclusive definition of money, encompassing measures such as M2 and M3.
Measurement of economic magnitudes using the prices actually prevailing at any given time.
Inside money is an asset for the holder and a liability for another party within the economy, redistributing wealth rather than increasing it.
Study of land on the margin of cultivation in economic terms.
A comprehensive examination of the utility function, its definition, and its application in economics.
Industries with minimal locational advantages and high mobility potential due to small cost differences.
A comprehensive explanation of hard currency, including its definition, historical context, major analytical frameworks, and comparative analysis.
Exploring the identification problem in economics, its implications, and resolution methods.
A market characterized by restricted contact between different customers or suppliers, facilitating price discrimination and service differentiation.
