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Dictionary of Economics

abandonment costs
absorbtion approach
accelerated depreciation
accession rate
accumulated depreciation
acid-test ratio
adjustable peg system
administered pricing
administrative costs
ad varolem
advertising elasticity of demand
advertising-to-sales ratio
age-earnings profile
age of inventory
aggregate demand
aggregate output
aggregate supply
agricultural economics
agricultural policy
agricultural subsidies
amortization
announcement effect
annual meeting
annual report
anti-dumping
anti-trust laws
applied economics
appropriation
a priori
arbitrage
asset
asset management
audit
austrian school
autarky
average cost pricing
balanced budget
balance of payments
balance of trade
balance sheet
bank failure
bank money
bank reserves
bankruptcy
barriers to entry
barter
bear
beggar-thy-neighbor
behavioral economics
beta coefficient (β)
bill-of-lading
bill-of-sale
black economy
black market
blue chips
blue-collar workers
board-of-directors
bond
bond market
bond prices
bond ratings
book value
boom
bourgeoise
bretton woods agreement
budget deficit
budget surplus
bull
bust
by-product
callable bond
call option
cambridge school
capacity utilization
capital
capital asset
capital intensive
capitalism
capitalization
capital-labor ratio
capital market
cartel
cash flow
casual employment
central bank
certificate of deposit
certified public accountant
c.i.f. (cost, insurance, & freight)
common stock
communism
conglomerate
consumer behavior
consumer economics
consumer price index (cpi)
consumption
corporation
cost
cost-based pricing
cost-benefit-analysis
cost of goods sold
creditor nation
credit squeeze
credit union
currency
currency depreciation
currency risk
current account
current assets
current liabilities
current ratio
customs duty
death taxes
debt
debt ceiling
debt management
debtor nation
debt-to-equity ratio
default risk
deficit spending
deflation
demand
depreciation
depression
deregulation
derivatives
descriptive economics
devaluation
development economics
dinar
dirham
discreationary income
disinflation
dividend
double taxation
dumping
duopoly
easy money policy
elasticity of demand
elasticity of supply
equilibrium
eurobonds
exchange rate
expansion costs
exports
export subsidies
externalities
face value
factoring
factors of production
federal deposit insurance company (fdic)
financial account
financial asset
financial risk
financial statement
fiscal policy
fixed asset
fixed costs
fixed exchange rates
floating exchange rates
f.o.b. (free on board)
forced saving
foreign aid
foreign direct investment (fdi)
forward contract
forward exchange market
franc
free trade
futures
gatt
gold standard
government spending
gray-collar workers
gross domestic product (gdp)
gross national product (gnp)
hedging
heterodox-economics
hidden inflation
hidden unemployment
human capital
hyperinflation
idle capacity
imperfect competition
imports
incentive pay
income
income distribution
income redistribution
income statement
income tax
industrialization
inflation
inflation accounting
inheritance tax
institutional economics
intangible asset
interest rate
labor
labor force
labor force participation rate
labor-intensive
labor-productivity
labor economics
leverage
marginal cost pricing
mark-up pricing
monetary policy
money supply
monopoly
noncurrent assets
normal depreciation
normative economics
options
oligopoly
operating risk
orthodox-economics
preferred stock
present value
producer price index (ppi)
proletariat
purchasing power
put option
rate of return pricing
real asset
real gross domestic product
recession
regulation
seignorage
shutdown costs
socialism
statement of cash flows
stock
spot market
spot price
stock market
supply
swaps
tangible asset
target return pricing
taxation
tight money policy
trade deficit
trade surplus
trust
unemployment
unfair competition
variable costs
white-collar workers

Economic Theories

ability-to-pay principle
absolute advantage theory
absolute income hypothesis
abstinence theory of interest
acceleration principle
adaptive expectations
adding-up problem
adverse selection
agency theory
aggregate demand theory
Allais paradox
anarcho-syndicalism
arbitrage pricing policy
Arrow-Debreu model
asymmetrical information
axiomatic theories
balanced budget multiplier
bathtub theorem
benefit approach principle
Bernoulli's hypothesis
Bertrand duopoly model
bilateral monopoly
bimetallism
bioeconomics
bionomics
bounded rationality
bourgeoise
bureaucracy
business cycle
Cambridge capital controversies
capital asset pricing model
capital logic
capital theory
capture theory
catallaxy
catastrophe theory
central place theory
CES production function
class struggle
classical macroeconomic model
classical theory of money
clubs, theory of
co-operative games theory
Coase theorem
Cobb-Douglas production function
cobweb theory
collective bargaining theory
collusion theory
colonialism
commodity theory of money
comparative advantage theory
comparative costs
compensation principle
composite commodity
Condorcet's principle
consumer demand, theory of
consumer surplus
contestable markets theory
continuity thesis
contract theory
convergence theory
core, theory of the
corporatism
cost-benefit analysis
cost-push inflation
countervailing power
Cournot duopoly model
Cramer's rule
crisis of capitalism
crowding hypothesis
crowding-out
currency principle
customs union theory
cyclical theory
decision theory
DeLorean theory
demand for money theory
demand theory
demand-pull inflation
demographic transition
dependency theory
differential rent theory
diminishing returns, law of
disequilibrium theory
distribution theory
distributism
dual decision hypothesis
dual economy theory
dual labor market theory
duopoly theory
economic liberalism
economic methodology
economic theory of politics
economic theory of the state
efficient market hypothesis
Engel's law
entitlement theorem
envelope theorem
equal sacrifice theory
equilibrium theory
error learning hypothesis
Euler's theory
exploitation
externalities
factor-price equalization theorem
falling rate of profit
fine tuning
firm, theory of the
fixed point theorems
forced saving
free banking theory
free rider problem
fundamental disquilibrium
game theory
general equilibrium theory
general strike
general theory of employment, interest and money
Gibrat's rule of proportionate growth
Giffen paradox
golden rule of capital accumulation
gold standard
gravity model
Gresham's law
group theory
growth of the firm, theory of the
growth-pole theory
Harrod-Domar growth model
Heckscher-Ohlin trade theory
Hicks-Hansen model
historical materialism
Hotelling's law
human capital theory
imperfect competition
imperialism
impossibility theorem
income determination, theory of
income distribution, theory of
information theory
input-output analysis
insider-outsider wage determination
internal and external balance
invisible hand
iron law of wages
IS-LM model
just price
Keynesian economics
Kondratieff cycles
labor force participation
labor market discrimination
labor theory of value
Laffer curve
laissez-faire
large numbers, law of
Le Chatelier principle
learning-by-doing
least cost location theory
Leontief paradox
life-cycle hypothesis
Lindahl equilibrium
linear programming
loanable funds theory of the rate of interest
long wages
lump-of-labor theory of wages
Lyapunov's theorem
machinery question
Malthusian population theory
managerial theories of the firm
marginal efficiency of capital
marginal productivity theory of distribution
marginal utility theory
market socialism
markets, law of
Marshall-Lerner principle
Marxism
material balances principle
measure theory
mercantilism
Modigliani-Miller theory of the cost of capital
monetarism
monopolistic competition
monopoly
monopoly capitalism
moral hazard
multiplier
multiplier-accelerator
NAIRU
NARU
Nash equilibrium
national income
nationalization
natural and warranted rates of growth
natural monopoly of economics
natural rate of unemployment
negative income tax
neo-classical growth theory
neo-classical theory
neo-Ricardian theory
new class
new classical macroeconomics
non-accelerating inflation rate of unemployment
non-competing groups
non-nested hypothesis
non-profit organization
occupation segregation
Okun's law
oligopoly theory
opportunity cost
optimal tariff theory
option pricing theory
organization theory
own rate of interest
paradox of thrift
paradox of value
paradox of voting
Pareto efficiency
Pareto optimality
partial equilibrium theory
peak-load pricing
perfect competition
permanent income hypothesis
Phillips curve
Physiocracy
Pigou effect
political business cycle
portfolio selection theory
Prebisch-Singer thesis
price discrimination
privatization
product life-cycle theory
production, theory of
profits, theories of
property
public choice
public utility pricing
purchasing power parity
quantity theory of money
queuing theory
Ramsey pricing
random walk hypothesis
rational expectations theory
rationing
Rawls theory of justice
Reaganomics
real bills doctrine
regulation
regulatory capture
relative income hypothesis
rent seeking
returns to scale
revealed preference theory
Ricardian equivalence theorem
roundabout method of production
Rybczynski theorem
satisficing
Say's law
Scitovsky paradox
screening hypothesis
search theory
second best, theory of
secular stagnation theory
segmented labor market theory
shadow pricing
signalling
Slutsky's theorem
small is beautiful principle
social welfare function
Solow economic growth
specie-flow mechanism
St Petersburg paradox
stationary state
stock-flow analysis
structure-conduct-performance theory
substitution theory
sunspot theory
supply-side economics
surplus value
syndicalism
tax incidence
technological gap theory
term structure of interest rates
Thatcherism
Tiebout hypothesis
time preference theory of interest
trade cycle
trickle-down theory
turnpike theory
uncertainty
underconsumption theory
unemployment
variable proportions, law of
vent for surplus
Verdoorn's law
wages fund doctrine
Wagner's law
Walras's stability
Weber's theory of the location of the firm
Wicksell's theory of capital
x-efficiency

Economic Theorists

Abba Lerner
Adam Smith
Alfred Marshall
Alvin Hansen
Andre Gunder Frank
Antoine Augustin Cournot
Arthur Cecil Pigou
Arthur Laffer
Arthur Okun
Bertil Ohlin
Charles Tiebout
Daniel Bernoulli
David Ricardo
Douglass C. North Edmund Burke
Edward Chamberlin
Eli Heckscher
Emile Durkheim
Erik Lindahl
Ernst Engel
Eugen Slutsky
Evsey Domar
Francis Edgeworth
Francois Perroux
Francois Quesnay
Francois Modigliani
Frank Ramsey
Friedrich Hayek
Gary Becker
George Arthur Akerlof
Georges Sorel
Gerard Debreu
Gustav Cassel
Hans Singer
Harold Hotelling
Herbert Simon
Hilaire Belloc
Hollis Chenery
Hugo Grotius
Immanuel Wallerstein
Irving Fisher
Isaiah Berlin
Jacob Viner
Jakob Bernoulli
James Buchanan
James Tobin
Jean-Baptiste Say
Joan Robinson
Johann von Thunen
John Bates Clark
John Dewey
John Hicks
John Locke
John Maurice Clark
John Maynard Keynes
John Muth
John Rawls
John Stuart Mill
John von Neumann
Joseph Bertrand
Jules Dupuit
Karl Marx
Kenneth Arrow
Knut Wicksell
Leon Walras
Leonhard Euler
Louis Bachelier
Ludwig von Mises
Luitzen Egbertus Jan Brouwer
Maurice Allais
Michal Kalecki
Milton Friedman
Mortimer Adler
Nassau William
Nicholas Kaldor
Paul Baran
Paul Samuelson
Philip Wicksteed
Piero Sraffa
Raul Prebisch
Richard Kahn
Robert Barro
Robert Giffen
Robert Lucas
Robert Mundell
Robert Solow
Robert Torrens
Ronald Coase
Ronald Reagan
Roy Harrod
Thomas De Quincey
Thomas Hobbes
Thomas Malthus
Vilfredo Pareto
Walter Heller
Wassily Leontief
William Baumol
William Petty

Library of Economics

The Wealth of Nations by Adam Smith
Utilitarianism by John Stuart Mill
The Communist Manifesto by Karl Marx & Frederick Engels
Lowering of Interest and Raising the Value of Money - by John Locke
Raising the Value of Money - by John Locke
Essay on Liberty - by John Stuart Mill

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