[Tateco]

(Original post by milkytea)
Turnover - Total revenue accumulated by a business over a certain time

Regional policy- aims to reduce structural unemployment by providing incentives for firms to move into the area

[ArsLongaVitaBrevis]

(Original post by Swayum)
Diamond-Dyvbig Banking Model - a model to explain why there are bank runs

Liquidity - a measure of how easily an asset can be spent/cashed in.
EDIT - Too late.

[nerimon18]

Demerit good- a good which is overprovided by the mechanism

[Groat]

(Original post by Swayum)
Diamond-Dyvbig Banking Model - a model to explain why there are bank runs

Your terms are awesome.

Land - natural resources in an economy (a factor of a production).

[Swayum]

(Original post by tateco)
Thatcherism - supply side policies and reduced involvement of the government

Malthusian Growth Model - a model of economic growth that says the growth rate of population is solely a function of consumption.

[yunghamz]

(Original post by nerimon18)
Demerit good- a good which is overprovided by the mechanism

Deflation - Fall in the general price level.

[nerimon18]

Market failure- when the price mechanism causes an inefficient allocation of resources.

[MrEboueEmmanuel]

(Original post by tateco)
Thatcherism - supply side policies and reduced involvement of the government

Monopolistic competition-A form of market structure, examples include hairdressers and local shops.

[Tateco]

(Original post by MrEboueEmmanuel)
Monopolistic competition-A form of market structure, examples include hairdressers and local shops.

Net exports - exports minus imports

(thank god for the word net, by the way we've had de-merit good about 5 times already! )

[Groat]

(Original post by MrEboueEmmanuel)
Monopolistic competition-A form of market structure, examples include hairdressers and local shops.

Nominal GDP - output measured in current prices, not adjusted according to inflation.

[Groat]

(Original post by ColdVein)
Nash Equilibrium

Market failure - where a free market mechanism fails to allocate resources efficiently.

[nerimon18]

Labour immobility- the difficulty to move from one job to another both geographically and occupationally.

[Nextmove]

(Original post by tateco)
Net exports - exports minus imports

(thank god for the word net, by the way we've had de-merit good about 5 times already! )

Saving - Money earned which isn't spent.

[Tateco]

(Original post by Groat)
Nominal GDP - output measured in current prices, not adjusted according to inflation.

Protectionism - a policy adopted by domestic governments to protect local firms

[Tateco]

(Original post by Nextmove)
Saving - Money earned which isn't spent.

Geographical immobility - when the labour market fails due to skills being in the wrong areas (or too focused in one area), an example of structural unemployment

[hemant1]

Gold- It's a Commodity

[ArsLongaVitaBrevis]

(Original post by tateco)
Protectionism - a policy adopted by domestic governments to protect local firms

Market capitalisation - the market value of a company's shares (share price * number of shares).

[Groat]

(Original post by hemant1)
Gold- It's a Commodity

Direct tax.

[Tateco]

Why does everything in economics end in a d, y or n

[Tateco]

(Original post by Groat)
Direct tax.

X-inefficiency - efficiency isn't achieved due to lack of competitive pressure