Home > Blossary: sophisticated terms of economic theory
These are complex terms used in in-depth economic thesis. This glossary will help you at a meaningful level in learning economic theory.

Category: Business

20 Terms

Created by: zzcgood

Number of Blossarys: 7

My Terms
Collected Terms

A regulatory policy used for public utilities (especially those that are natural monopolies) in which the price received by a firm is set equal to the average total cost of production. The great ...

Domain: Economy; Category: Economics

Total cost per unit of output, found by dividing total cost by the quantity of output. Average total cost, usually abbreviated ATC, can be found in two ways. Because average total cost is total cost ...

Domain: Economy; Category: Economics

Total cost per unit of output, found by dividing total cost by the quantity of output. Average total cost, usually abbreviated ATC, can be found in two ways. Because average total cost is total cost ...

Domain: Economy; Category: Economics

The ratio of the change in aggregate output (GDP) to a change in government spending, which are matched by an equal change in taxes. This is termed a balanced-budget multiplier because the change in ...

Domain: Economy; Category: Economics

An equality between the revenues and expenditures that constitute a budget. The notion of a budget is most important for governments, where revenues are taxes and expenditures are assorted public ...

Domain: Economy; Category: Economics

What a bank owns, including loans, reserves, investment securities, and physical assets. Bank assets are typically listed on the left-hand side of a bank's balance sheet. Bank liabilities, what a ...

Domain: Economy; Category: Economics

The industry consisting of financial intermediaries that maintain deposits (that is, the industry of banks). Banking is one of several financial industries, with insurance and stock trading two other ...

Domain: Economy; Category: Economics

Member comments


( You can type up to 200 characters )

Post  
My other Blossarys

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

Useful terms for students who major in economy or ...

Category: Education

By: zzcgood