adjustment
process, also
adverse
selection
all-or-nothing
demand curve
arbitrage
barriers
to entry
black
market
budget
constraint, also
central
planning also
circular
flow
comparative
advantage
complementary
good
consumer
sovereignty
consumers'
surplus
contestable
markets
contingent
behavior
coupon
rationing
derived
demand
division
of labor
dollar
voting
duopoly
economic rent (see producers'
surplus )
egalitarian
position
elasticity,
cross-price
elasticity,
income
elasticity,
price
entrepreneur
equimarginal
principle
excise
tax
external
effects
fairness
Federal
Trade Commission, 219
feedback
Food
and Drug Administration
free
riders
general
equilibrium analysis
in-kind
vs cash transfers
income
effect on demand
income
vs substitution effects
income-compensated
demand curve
indifference
curve
infant-industry
argument
inferior
good
insurance
intensity
of preferences
Interstate
Commerce Commission
invisible
hand
isoquants
law
of diminishing returns
law
of diminishing utility
Lorenz
curve
Luddites
|
marginal
rate of substitution
marginal
rate of transformation
marginal
revenue
market
failure
mark-up
pricing
minimum
wage
monopolistic
competition
monopoly
monopsony
moral
hazard
natural
monopoly
nonprofit
organizations
oligopoly
paradox
of value
Pareto
optimality
pollution
taxes
postive
and normative economics
present
value
price
ceilings and floors
price
discrimination
price
maker/searcher
price
taker, AAA
principal-agent
problem
prisoner's
dilemma
problem
of the commons
producers'
surplus
production
function
production-possibilities
frontier
progressive
vs regressive taxes
public
good, also
quasi-rationality
queuing
quota
rational
ignorance
rent
controls
rent
seeking
returns
to scale
screening
self
interest
Sherman
Antitrust Act
shifting
taxes
signalling
social welfare loss, (see welfare loss )
speculation
substitute
good
tariff
tournament
theory
unstable
equilibrium
utility,
utopia
and scarcity
value-added
tax
welfare
loss
zero-sum
game
|
|