Economics articles
Essays on topical issues, latest developments in UK and global economies, and answers to readers questions
Should low inflation be the primary objective of economic policy?
Posted on 11 December
The UK government has given the Bank of England an inflation target of CPI 2 % +/-1. The Bank of more »
Effect of Lower Interest rates
Posted on 10 December
Readers Question: Discuss the effect of cutting interest rates. If the Central Bank reduces the base interest rate, this will more »
Tapering and the effect on interest rates
Posted on
Readers Question: As the FED is talking about tapering and at the same time keeping interest rate low. How can more »
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Beggar My Neighbour Policy
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- Asset Stripping
Definition
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Definition
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- Bank Notes and Coins in UK
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- Base Rates UK
- Base Year
- Base Year
- Baseline Projection
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- Basis Points Definition
- Bear Market Definition
- Beggar Thy Neighbour Economic Policy
- Behavioural Theories of the Firm
- Bell Curve Explanation
- Below the Line Accounts
- Benefits in Kind
- Benefits System UK
- Bertrand Competition
- Big Four UK Banks
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- Black Thursday 1929
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- Bond Market and Interest Rates
- Bond Rating Agency
- Bonus Share Issue
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- Broad Money Definition
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- Buffer Stock Scheme
- Building Societies UK
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- Buyers Market
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- Cairns Group and WTO
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- Capital Gains Tax – Rates and Exemptions
- Capital to Labour Ratio
- Capital Widening and Capital Deepening
- Capitalism vs Socialism
- Capitalist – definition
- Capitalist Economic System
- Carbon Tax
- Advantages and Disadvantages
- Carbon Trading Definition
- Cardinal and Ordinal Utility
- Cartel Definition
- Cash Flow in Business
- Cash Ratio
- Central Planning Economy
- Ceteris Paribus in Economics
- Chancellor of the Exchequer
- Chapter 11 Bankruptcy Information
- Chicago School of Economics
- Child Benefit Rates in UK
- Circular Flow of Income
- Classical Economics Model
- Classical Unemployment Definition
- Command Economy
- Compensating Wage Differential
- Compensation Principle for Externalities
- Competition Commission UK
- Competition Policy
- Competitive Markets
- Competitive Tendering
- Complementary Goods
- Composite Demand
- Concentration Ratios
- Conglomerate Merger
- Consumer Price Index CPI
- Consumer Surplus
- Contractual Savings Plan
- Core inflation Definition
- Costs of Production
- Criticism of European Union EU
- Criticism of Free Market Economics
- Criticism of Keynesian Economics
- Criticism of Monetarism
- Criticism of Thatcher Economics
- Criticisms of Bank of England
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- Currency Reform
- Current Account Balance of Payments
- Current Bank Account
- Current Prices and Constant Prices
- Customs and Excise Duties UK
- Customs Union
- Cyclically Adjusted Budget Deficit
- Deadweight Debt
- Dear Money
- Debentures Definition
- Debt Burden Ratios
- Debt Crisis Asia 1990s
- Decreasing Returns to Scale
- Definition of Deregulation
- Deflation Definition
- Deindustrialization in UK
- Demerit good definition
- Dependency Culture
- Dependency Ratio
- Depletable Resources
- Deposit Account Definition
- Derived Demand
- Distributive Efficiency Definition
- Division of Labour
- Double Co-incidence of Wants
- Economic Aid
to Developing Countries
- Economic Booms
- Economic Depression – Definition
- Economic Stimulus Package
- Economics Dictionary A-Z
- Economics of Tax
- Efficiency Wage Theory
- Examples of Barriers To Entry
- External Benefits
- External costs
- Externalities – Definition
- Factor Immobility
- Financial Crisis Asia 1997
- Fiscal Drag
- Fiscal Illusion
- Fiscal Neutrality
- Fixed Capital Formation
- Flexible Wages Definition
- Flight From Money
- Floating Exchange Rates Definition
- Free Rider Problem Definition
- Frictional Unemployment
- Full Employment Unemployment Rate
- Hit and run competition
- Horizontal Integration Definition
- Hot Money Flows
- How Much is a Billion Pounds?
- Human development index
- M – Dictionary
- Marginal Efficiency of Capital MEC
- Marginal Utility Theory
- Mixed Economy
- Monetary Financial Intermediaries
- Say’s Law
- Social Benefit
- Social Cost
- Stagflation
- Static Efficiency
- Structural Adjustment Definition
- Substitute Goods
- Supplementary Goods
- Take up rate
- Takeovers
- Tariffs
- Tax Avoidance and Tax Evasion
- Tax competition
- Tax haven
- Technical Efficiency Definition
- Technological unemployment
- Thatcher’s Economic Policies
- The Accelerator Effect
- The Community Charge
- Tight Fiscal Policy
- Tight Monetary Policy
- Time Lags
- Token Money
- Total utility
- Trade Barriers
- Trade Creation
- Trade Deficit Definition
- Trade Diversion
- Trade Liberalisation
- Trade not Aid
- Trade Sanctions
- Trade weighted index
- Transaction costs
Random definitions
Tejvan R Pettinger
Tejvan studied PPE at LMH, Oxford University and works as an economics teacher and writer.