adj
(economics) Of a market: divided such that no single actor can noticeably affect market-wide values such as the price; competitive.
n
(economics) The idea that capital accumulation is equal to production minus consumption.
n
(economics) An economic law that describes how a monopoly in a regulated industry can extend into and dominate an unregulated one.
n
(economics) A microeconomic model of price-setting oligopoly, dealing with the situation of a homogeneous product (i.e. consumers want to buy from the cheapest seller) and a limit to the output of firms which are willing and able to sell at a particular price.
n
(economics) The buying and selling of products from an economical viewpoint, dealing with the manufacture, distribution, and usage of the product.
n
Idea behind a business, central to the generation of revenue.
adj
Relating to finance and public revenue.
n
(economics) Produced goods that are chiefly used in production of further goods, in contrast to the consumer goods
n
(economics) A mechanism for allocating resources centrally, as opposed to leaving it up to the free market.
n
(economics) A theory of money that views money as a unit of account designated by an authority.
n
(rare) The branch of political economy relating to the production of wealth, generally including precious metals.
n
(economics, art) An emphasis on circulating goods as opposed to producing them.
adj
Of a corporation or other business, owned by a small number of people, and not having shares of ownership sold via a stock exchange or other public market.
n
An obsessive desire to collect things; collectomania.
adj
(obsolete, nonce word) monitory
n
(economics) The ability to produce a particular good at a lower relative opportunity cost than another producer.
n
(economics) The demand for a good that has multiple uses and can satisfy different kinds of consumer wants.
n
(economics) A function that describes the relationship between consumption and disposable income.
n
(economics) The hypothesis that poorer economies' per capita incomes tend to grow faster than richer economies.
n
(economics) A mechanism for allocating resources decentrally; economic planning that does not rely on any authorities.
n
(economics) A country with an advanced, high-income, industrialized economy.
n
(economics) A poorer country seeking to expand its economy.
n
A fiscal policy achieved through government intervention, as opposed to automatic stabilizers.
n
(economics) The characteristics that lead to an increase in average costs as a firm grows beyond a certain size.
n
the existence of two separate economic sectors within one country, divided by different levels of development, technology, and different patterns of demand.
n
(economics) The proposal that macroeconomic analysis be concerned with the theoretical consequences of optimizing behaviour by rational consumers, firms, and labourers, rather than with observable phenomena such as booms or slumps.
n
Abbreviation of economy. [(obsolete) The regular operation of nature in the generation, nutrition and preservation of animals or plants.]
n
Abbreviation of economy. [(obsolete) The regular operation of nature in the generation, nutrition and preservation of animals or plants.]
n
A crisis caused by the general demand for goods within an economy falling below their supply, either temporarily or on a protracted basis, typically resulting in widespread bankruptcies of unproductive businesses and falling prices.
n
(economics) The growth of the economic output of a country.
adj
(dated) Relating to economy in any other sense.
adj
Obsolete form of economical. [Careful with money so as not to spend too much; prudent; thrifty.]
adj
Obsolete form of economic. [Pertaining to an economy.]
n
(social sciences) The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production.
n
(economics) The belief that economic causes or factors have dominance over all others
n
(obsolete) One who manages a household.
n
The act or practice of using resources to the best effect.
n
A person who avoids waste
n
(obsolete) System of management; general regulation and disposition of the affairs of a state or nation, or of any department of government.
n
A low-cost, no-frills version of a merchandise item, especially where a larger selection of more lavishly equipped models of the same item exist.
n
(economics) A resource used in the production of goods or services, a factor of production.
n
(economics) A resource used to produce goods and services, such as labor, land, or capital.
n
The commission paid to a factor
n
A system of trading promoting more equitable global trade, especially to sellers and producers in poorer areas, but also to the environment.
n
(US, economics) Federal Reserve System.
n
(economics) Government policy that attempts to influence the direction of the economy through changes in government spending or taxes.
n
(economics) The belief that fiscal policy should function as the primary macroeconomic stabiliser (e.g. for controlling inflation), often associated with the IS–LM model.
n
An organization whose goal is to make a profit.
n
Trade between a country and other countries.
n
An economic system of business governed by the laws of supply and demand with minimal government interference, regulation, or subsidy.
n
(economics) Any market in which trade is unregulated by government; an economic system free from government intervention.
n
Belief in a free market model of economy; the exploitation of a market in which trade is subject to little or no regulation by government.
n
A business model in which a product is offered free of charge and supported by sales of a premium version.
n
(politics, economics) A group of finance ministers and central bank governors from 20 economies: 19 countries plus the European Union.
n
(economics) A state of simultaneous equilibrium as analysed in several or many interacting markets in an economy.
n
(economics) A not "too hot" or "too cold" economy, sustaining moderate economic growth and a low inflation allowing for a market-friendly monetary policy.
n
(economics) A situation in which a government intervention causes an economic inefficiency that would not exist in a true free market.
n
(economics) A measure of the size of firms in relation to the industries they operate in, serving to indicate the amount of competition among them.
n
(economics) A human being regarded as a rational and narrowly self-interested actor capable of making judgments in order to attain its own particular goals.
n
(economics) An economic measure equal to the portion of the total community income that would have to be redistributed to establish perfect income uniformity.
adj
(US) Being a type of company, a legal entity where the ownership has been arranged into shares. A shareholder has no responsibilities to the company and the potential losses of the shareholder are limited to the value of the stock turning to zero in the case of a bankruptcy.
n
(economics) A form of economic planning based on imperfect information, employing grants, subsidies and other influences but not imposing mandatory quotas.
n
(economics, accounting) What an industry produces, as a national total.
n
(economics) A metaphor for the principle that in a free market, an individual pursuing his own self-interest also tends to promote the good of his community as a whole.
n
(economics) A theoretical curve that graphs the hypothesis that as an economy develops, market forces first increase and then decrease economic inequality.
n
(economics) Britain standard spelling of labor share.
n
A company in which the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company.
n
An economy in which goods and services are exchanged in a market, as opposed to a state-controlled economy.
n
(economics) A situation in which the allocation of goods and services by a free market is not efficient.
adj
In terms of the financial market.
n
(economics, Marxism) The combination of the means of labor, such as machines, tools, and equipment, and the subject of labor used by workers to make products.
n
(economics) The situation where a country that attains a certain income gets stuck at that level, being unable to compete with other more developed economies in the high-value-added market.
n
A heterodox economic school of thought that posits that fiscal policy, set to constrain inflation and enable full employment, should be the primary economic stabiliser and prioritises reflection on the nature of money from a chartalist perspective.
n
(economics) The doctrine that economic systems are controlled by variations in the supply of money.
adj
Of, pertaining to, or consisting of money.
n
(economics) A stage or system in an economy in which lawful money replaces barter in the exchange of goods.
n
A financial environment; the state of an economy.
n
(Botswana) A communal fund to which each member contributes an agreed-upon amount, which is then given periodically to a rotating member of the group.
n
(economics) An economy in which money is not used in the transfer of resources among people.
adj
(economics) Of or relating to an approach that focuses on the determination of prices, outputs, and income distributions in markets through supply and demand.
adv
In terms of coins or currency.
n
Obsolete spelling of economy [(obsolete) The regular operation of nature in the generation, nutrition and preservation of animals or plants.]
n
(economics) Production; quantity produced, created, or completed.
n
(business) A company that owns or controls one or more other companies.
adv
In a pecuniary manner; in terms of money; financially.
n
(economics) A theoretical type of market structure, where there are many firms providing homogeneous goods or services, resulting in allocative and productive efficiency in the long run.
n
(economics, politics) An economic system in which government directly manages supply and demand for goods and services by controlling production, prices, and distribution in accordance with a long-term design and schedule of objectives.
n
Aspect of the economy that encompasses the economic scale and implications of policy formulation and implementation.
n
(economics) the combination of fiscal and monetary policies, especially their perceived relative importance
n
(economics) A state of economy characterized by low inflation, and thus a stable value of money. Price stability is one of the central goals of most governments and central banks.
n
(economics) An individual or organization that creates goods and services.
n
(economics) Alternative form of producer good [(economics) An item of goods, such as partly finished goods, used as an input in the production of other goods.]
n
The rate at which goods or services are produced by a standard population of workers.
n
A type or form of for-profit incorporated company where ownership is divided into shares that are publicly tradeable usually in a stock exchange.
n
(economics) A situation in which competition between governments leads to very excessive (harmful) deregulation.
n
(economics) A theoretical economic curve used to illustrate the theory that there is a level of government spending that maximizes economic growth.
n
(economics) A monetary device whereby national reserves are temporarily given up to a central bank.
n
(economics) The process of redistributing income between members of a society through transfer payments, taxes, etc.
n
(economics) The idea that consumers are forward-looking and so internalize the government's budget constraint when making their consumption decisions, so that, for a given pattern of government spending, the method of financing such spending does not affect agents' consumption decisions, and thus does not change aggregate demand.
n
(economics) The practice of providing such a service as economic activity.
n
An economy based on service sector, such as: financial services, hospitality, retail, health, human services, information technology and education.
n
Something shared; a point in common.
n
(economics, public policy) A system of economic exchange in which participants interact in a direct and cooperative manner, often with the aid of social media, to produce, market, and consume goods, services, and resources.
n
(economics) The phenomenon that uncertainty about future prices can theoretically push rational consumers to temporarily trade away their preferred consumption goods (or currency) for non-preferred goods (or currency), as part of a plan to trade back to the preferred consumption goods after prices become clearer.
n
(economics) an often moneyless economy characterized by minimal surplus and exchange of goods and services, low division of labor and rudimentary technology
adj
(economics) Regarding the supply side of the economy.
n
(economics) The sector of the economy that principally provides goods and services to consumers using goods produced by the other sectors.
n
(economy) A national economy that is changing from being centrally planned to a market economy
adj
Obsolete spelling of economic [Pertaining to an economy.]
adj
Obsolete form of economical. [Careful with money so as not to spend too much; prudent; thrifty.]
adj
Obsolete form of economic. [Pertaining to an economy.]
v
Obsolete form of economize. [(intransitive) To practice being economical (by using things sparingly or in moderation, and by avoiding waste or extravagance).]
n
Obsolete form of economist. [An expert in economics, especially one who studies economic data and extracts higher-level information or proposes theories.]
v
Obsolete spelling of economize [(intransitive) To practice being economical (by using things sparingly or in moderation, and by avoiding waste or extravagance).]
n
Obsolete spelling of economy [(obsolete) The regular operation of nature in the generation, nutrition and preservation of animals or plants.]
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