dictionary of economic terms

dictionary of economic terms
book which contains words and phrases pertaining to the field of economics

English contemporary dictionary. 2014.

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  • Economic efficiency —   A term that refers to the optimal production and consumption of goods and services. This generally occurs when prices of products and services reflect their marginal costs. Economic efficiency gains can be achieved through cost reduction, but… …   Energy terms

  • Economic democracy — is a socioeconomic philosophy that suggests a shift in decision making power from a small minority of corporate shareholders to a larger majority of public stakeholders. There is no single definition or approach for economic democracy, but most… …   Wikipedia

  • Economic anthropology — is a scholarly field that attempts to explain human economic behavior using the tools of both economics and anthropology. It is practiced by anthropologists and has a complex relationship with economics. There are three major paradigms within the …   Wikipedia

  • economic loss — There are legal rules, which restrict recovery of compensation for financial loss which arises without intervening physical damage or personal injury where the only loss is economic. Easyform Glossary of Law Terms. UK law terms. economic loss …   Law dictionary

  • Economic sociology — is the sociological analysis of economic phenomena. As the earliest economists recognised, economic institutions are of profound importance to society as a whole and the social context affects the nature of local economic institutions. Karl Marx… …   Wikipedia

  • Economic entomology — is a field of entomology, which involves the study of insects that are of benefit or those that cause harm to humans, domestic animals, and crops. Insects that cause losses are termed as pests. Some species can cause indirect damage by spreading… …   Wikipedia

  • economic equilibrium clause — USA A type of stabilization clause contained in a host government agreement (HGA) or other international investment agreement between a host government and a foreign investor that protects foreign investors from laws and regulations adopted after …   Law dictionary

  • economic profit — Also known as economic value added or shareholder value added. A measure of profit performance calculated by subtracting a charge for shareholders capital. Practical Law Dictionary. Glossary of UK, US and international legal terms.… …   Law dictionary

  • economic value added — See economic profit. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • economic, technical or organisational reason — (ETO reason) Under TUPE, a dismissal for a reason connected with a transfer of a business will be automatically unfair unless the employer can show that the dismissal took place for an economic, technical or organisational reason entailing… …   Law dictionary

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