Dictionary of Economics
Basically Being A Study Of How A Society Organises Its Money, Economics Continuously Enhances In Scope As New Economic Policies Are Formulated Every Year By All Countries Across The World. Accordingly, New Terms Keep Cropping Up Frequently Which Make The Subject All The More Obscure And Difficult. With A View To Make The Subject Easily Comprehensible For Students Specialising In The Field And Also The Common Man Who Are Directly Or Indirectly Related To It, The Dictionary Of Economics Has Been Prepared.Aiming At Maximum Inclusion Of Words Both Conventional And Latest, The Present Dictionary Provides In Brief The Exact Explanation Of Chosen Terminology In A Language Deliberately Kept Simple, So As To Enable The Users To Understand Them At Once. Apart From This, It Has Been Skilfully Designed Such That Even The Less Experienced Or Intelligent Users May Locate The Desired Terms Without Difficulty. The Unique Feature That Distinguishes It From Other Dictionaries On The Subject Is That It Introduces The Readers To The Leading Economists Of The World And Their Theories As Well. This Dictionary Will Prove Indispensable To The Students And Teachers Of Economics. Even The Business People As Well As General Readers, Who Want To Keep Abreast Of The Latest Economic Trends That Influence Almost Every Aspect Of Modern Life, Will Find It A Valuable Source.
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aggregate aggregate demand amount analysis assets average balance of payments buyers called capital cash Central Bank commercial banks commodity competition consumer consumption cost currency demand curve deposits distribution earnings economic economists effect elasticity employment equilibrium exchange rate expenditure exports factors of production firm fixed foreign function funds given gold growth important increase India indifference curves individual industry inflation inputs investment Keynes labour loans marginal marginal cost marginal utility maximise means measure method monetary money supply national income oligopoly operations organisation output perfect competition period person Phillips curve population price discrimination price level profit public limited company purchase quantity rate of interest ratio Refers rent reserves revenue rise sector securities sell sellers shares social specific tariff term theory trade unit utility variable wages workers