Home > Blossary: Glossary for Principles of Macroeconomics/Microeconomics
Useful terms for students who major in economy or who learn Principles of Macroeconomics/Microeconomics (N. Gregory Mankiw)

Category: Education

20 Terms

Created by: zzcgood

Number of Blossarys: 7

My Terms
Collected Terms

A theory speculating that, since poorer economies tend to grow more rapidly than wealthier economies, all economies in time will converge in terms of per capita income. In other words, the poorer ...

Domain: Economy; Category: Economics

A principle stating that as more and more of a variable input is combined with a fixed input in short-run production, the marginal product of the variable input eventually declines. This is THE ...

Domain: Economy; Category: Economics

The act of accumulating assets, especially goods or money, over and above that needed for immediate use based on the fear or expectation of future shortages and higher prices. For example, concerns ...

Domain: Economy; Category: Economics

An economy in which markets answer all allocation decisions and answers all three questions of allocation. There is no government. Markets do it all. This is a theoretical ideal or extreme that does ...

Domain: Economy; Category: Economics

In economics, the loanable funds market is a hypothetical market that brings savers and borrowers together, also bringing together the money available in commercial banks and lending institutions ...

Domain: Economy; Category: Economics

A company that pools the funds of hundreds or thousands of individuals to purchase corporate stocks, bonds, or other financial assets. The objectives of pooling funds is to reduce transactions costs ...

Domain: Economy; Category: Economics

The graphical depiction of the relation between net exports and national income (or gross domestic product) that plays a role in Keynesian economics and the Keynesian cross. The net exports line is ...

Domain: Economy; Category: Economics

Member comments


( You can type up to 200 characters )

Post  

seooo

https://www.digitekprinting.com/gator-board-posters has been my go-to ever since I was in college. Their services basically saved me from flunking out. Up until now, I always present my best work when they have gone through Digitek’s care and exceptional service.

05:35, 20 August 2022
My other Blossarys

These are complex terms used in in-depth economic ...

Category: Business

By: zzcgood

Special terms with detailed definition help you ...

Category: Other

By: zzcgood

Option is the right, but not the obligation, to ...

Category: Business

By: zzcgood

This glossary presents terms related to ...

Category: Business

By: zzcgood