www-personal.umich.edu

Website:http://www-personal.umich.edu
Upvotes received111
Downvotes received115
Karma:-5 (upvotes-downvotes)



0 earned Badges

No badges were found



Definitions (4108)

1

0   0

economic cost


The monetary cost of an object or action, including reductions in wages, profits, and property values, but not including such nonmonetary costs as adverse consequences for health or safety, or negativ [..]
Source: www-personal.umich.edu

2

0   0

economic crisis


Although there are many economic events that might be called crises, this term usually refers to a sudden drop in aggregate demand that, if prolonged, leads to recession.
Source: www-personal.umich.edu

3

0   0

economic decision


A decision about an economic issue, most commonly about how to allocate resources among multiple purposes.
Source: www-personal.umich.edu

4

0   0

economic development


Sustained increase in the economic standard of living of a country's population, normally accomplished by increasing its stocks of physical and human capital and improving technology.
Source: www-personal.umich.edu

5

0   0

economic efficiency


The extent to which a given set of resources is being allocated across uses or activities in a manner that maximizes whatever value they are intended to produce, such as output, market value, or utili [..]
Source: www-personal.umich.edu

6

0   0

promotion


The use of policy, especially a subsidy to encourage an activity, such as production in an industry. See export promotion.
Source: www-personal.umich.edu

7

0   0

property rights


The legally defined and enforced rules of ownership, specifying who has the right to use and to sell anything, especially a piece of land and whatever may be situated on, above, and below it. Well est [..]
Source: www-personal.umich.edu

8

0   0

property tax


A tax on owned land and housing.
Source: www-personal.umich.edu

9

0   0

prospective analysis


Ex ante analysis.
Source: www-personal.umich.edu

10

0   0

protection


1. Without any adjective, or as "import protection," this refers to restriction of imports by means of tariffs and/or NTBs, and thereby intended to insulate domestic producers from competiti [..]
Source: www-personal.umich.edu


To view all 4108 definitions, please sign in.