Routledge Dictionary of Economics Second edition phần 4 ppsx

... the value of millions of different types of goods and services. Seealso:mediumofaccount;mediumof exchange;money generalized system of preferences (F1) A proposal made at the 19 64 meeting of UNITED ... Rutherford extendedequilibrium(D5) Anexpansionoftheconceptof GENERAL EQUILIBRIUM toincludethenaturalenviron- ment. extendedfundfacility(F3) Atypeof INTERNATIONALMONETARYFUND loanintr...

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... Development © 2002 Donald Rutherford Routledge Dictionary of Economics Second edition The most informative dictionary of economics available, the Routledge Dictionary of Economics avoids the tendency ... Rutherford Routledge Dictionary of Economics Second edition Donald Rutherford London and New York © 2002 Donald Rutherford intheChinesecurrency,therenmin...

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... Department of Labor, he was assistant professor of economics at Yale University (19 54 62) before becoming Professor of the Economics of Education at the University of London Institute of Education; ... Rutherford boughtdeal(G1) Thepurchaseofastockissueora portfolioofinvestmentsbyoneormore financialinstitutionsforresaleinwholeor part.Offloadingpartsofanacquired portfoliohasbec...

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... The Rhetoric of Economics, Brighton: Wheatsheaf. economics of crime (K4) 1 A branch of NEOCLASSICAL ECONOMICS which analyses the decision making of criminals in terms of a comparison of the marginal ... Rutherford (1995)Theeconomicsoforganisedcrime, Cambridge,NewYorkandMelbourne: CambridgeUniversityPress. economicsofinformation(D8) Abranchofeconomicsthatrecognizesthe imperfe...

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... ‘Foundations of welfare economics , Economic Journal 49 : 696– 712. Kaldor, N. (1939) ‘Welfare propositions of economics and interpersonal compari- sons of utility’, Economic Journal 49 : 549 –52. Kaldor, ... (E4) Money in the form of a promise to pay based on the debt of a firm or an individual. Much of this money is in the for m of bank deposits. Seealso:billofexchange;c...

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... League of Nations (1 940 –7), as professor of com- merce at the London School of Economics (1 947 –57) and at Cambridge as professor of political economy (1957–67). He was awarded the NOBEL PRIZE FOR ECONOMICS ... A. (19 54) The Economics of Loca- tion, New Haven, CT: Yale University Press. locked-in effect (E4, H2) 1 The effect of rising interest rates on the holding of g...

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... (1938–70), leader of the Swedish Liberal Party (1 944 –67) and Minister of Trade (1 944 45 ). As a member of the STOCKHOLM SCHOOL, he in many ways anticipated KEYNESIAN ideas by using the concepts of the PROPEN- SITY ... of a firm. When measuring MONOPOLY POWER, normal profit is used as a benchmark: if a firm has profits in excess of normal profit, it is to some extent a monopolis...

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... 1916, interrupted by a chair at the London School of Economics from 1939 to 1 944 . He succeeded PIGOU as professor of eco- nomics at Cambridge from 1 944 to 1957. His most famous works are A Study in Industrial ... ‘Relational wealth and the quality of life’, Journal of Socio- economics 29: 305 40 . relative concentration (L1) A measure of the distribution of economic activit...

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... Tiebout hy- pothesis’, Journal of Political Economy 77: 957–71. Tiebout, C. (1956) ‘A pure theory of local government expenditures’, Journal of Political Economy 64: 41 6– 24. tied aid (F3, O2) FOREIGN ... marginal value to society of another hour of work in the case of personal income taxes. 3 The difference between gross and net, after tax, rates of return in the case of i...

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... effect Lombard rate London Inter-Bank Offered Rate M0 M1 M2 M3 M3c M4 M5 market rate of interest means of payment medium of account medium of exchange medium of redemption metallist minimum lending ... costs of regulation Bureau of Economic Analysis Bureau of the Budget Chancellor of the Exchequer © 2002 Donald Rutherford Subject classifications A General economics and tea...

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