Usually means: Inferior good, demand rises, price.
Definitions Related words Mentions
We found 7 dictionaries that define the word Giffen good:

General (2 matching dictionaries)
  1. Giffen good: Wiktionary
  2. Giffen Good, Giffen good: Wikipedia, the Free Encyclopedia

Business (5 matching dictionaries)
  1. Giffen good: bizterms.net
  2. Giffen good: Moneyterms
  3. Giffen good: Deardorff's Glossary of International Economics
  4. Accounting, Business Studies and Economics Dictionary (No longer online)
  5. BusinessDictionary.com (No longer online)

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Definitions from Wiktionary (Giffen good)

▸ noun:  (economics) A postulated inferior good which people consume more of as only the price rises. It has a positive price elasticity of demand.

Similar:
gooder, goodie, gamma, gibs, Gittins index, growth, Gibby, gawf, gipper, gamma of the gamma, more...

Opposite:
normal good, inferior good, luxury good

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Similar:
gooder, goodie, gamma, gibs, Gittins index, growth, Gibby, gawf, gipper, gamma of the gamma, more...

Opposite:
normal good, inferior good, luxury good



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