Economics definitons
- Created by: joe_cooke
- Created on: 13-01-15 23:26
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Aggregate demand |
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Aggregate supply |
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Allocative efficiency |
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Arithmetic mean |
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Asymmetric information |
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Automatic stabilisers |
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Average propensity to consume (APC) |
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Balance of payments |
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Capacity utilisation |
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Captital |
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Ceteris paribus |
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Change in demand |
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Choice |
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Circular flow of income |
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Claimant count |
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Command economy |
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Complements |
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Consumer confidence |
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Consumer expenditure |
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Consumer price index |
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Corporation tax |
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Cost-push inflation |
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Cross elasticity of demand |
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Current account deficit |
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Cyclical unemplyment |
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Deflation |
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Demand |
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Demand curve |
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Demand-pull inflation |
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Demand schedule |
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Demerit goods |
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Developed economy |
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Developing economy |
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Direct tax |
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Disposable income |
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Dissave |
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Distribution of income |
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Division of labour |
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Economic cycle |
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Economic efficiency |
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Economic growth |
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Economically inactive |
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Economic problem |
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Economic system |
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Effective demand |
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Elastic |
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Elasticity |
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Equilibrium price |
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Exchange rate |
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Exports |
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External benfits |
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External costs |
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Externality |
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Deflationary |
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Discretionary fiscal policy |
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