Year 12s: what will be the first way you research your future options? >>

The Economics Game

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Reply 160

barrister_2000

Original post by Nextmove

We've already had that one lol

I was hoping someone would say GAME THEORY! Obvious one!

Lol gotta love game theory :biggrin:

And here's mine: Ricardian Equivalence :wink:

Reply 161

Nomolos

Original post by barrister_2000

Lol gotta love game theory :biggrin:

And here's mine: Ricardian Equivalence :wink:

Cost push inflation - The tendency of prices to rise as a result of a rise in SRAS.
(may have been said already)

Reply 162

Swayum

Original post by joshgoldman

Cost push inflation - The tendency of prices to rise as a result of a rise in SRAS.
(may have been said already)

Open economy - an economy that trades with others (as opposed to a closed economy with no imports/exports)

Reply 163

Nomolos

Original post by Swayum

Open economy - an economy that trades with others (as opposed to a closed economy with no imports/exports)

Monopoly - A business (etc) with sole dominating power in their market/industry

Reply 164

thegaffer91

Original post by Swayum

Open economy - an economy that trades with others (as opposed to a closed economy with no imports/exports)

the Modigliani-Miller Capital Structure Irrelevance theorem - If a set of (unrealistic) assumptions are met, then the method that a firm uses to finance a project does not matter to the overall value of the firm

(edited 13 years ago)

Reply 165

Swayum

Original post by joshgoldman

Monopoly - A business (etc) with sole dominating power in their market/industry

Leontief production function - a production function for perfect complements.

Reply 166

Nomolos

Oligopoly - a market form in which a market or industry is dominated by a small number of sellers.

Reply 167

abisolaay

Law of Diminishing Returns

Reply 168

Nomolos

Negative externality - an action of a product/service on consumers that imposes a negative side effect on a third party.

Reply 169

Consordino

Original post by abisolaay

Law of Diminishing Returns

Non-financial incentive (stolen from the behavioural economics corner :biggrin:

)

Reply 170

Nomolos

Might be more business than econ, but: Variable costs - expenses that change in proportion to the activity of a business

Reply 171

abisolaay

Taxation (don't know if that counts!)

Reply 172

Nextmove

Original post by joshgoldman

Might be more business than econ, but: Variable costs - expenses that change in proportion to the activity of a business

That is a Business economics word :smile:

Tiger Economy - Fast growing economies in asia prior to/in the 1990's

Money Supply

I'm running low on 'o' words!
But... Occupational mobility - The ability of an individual to change jobs after the acquisition of a new.

EDIT: erm.. neg rep, why?

(edited 13 years ago)

Reply 175

Consordino

Transfer Payment? Has that already been said?