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It serves those who have just studied economy because it includes basic terms that they need to know and understand the economy world. It is really useful.

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31 Terms

Created by: Fatima

Number of Blossarys: 1

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A policy by monetary authorities to expand money supply and boost economic activity, mainly by keeping interest rates low to encourage borrowing by companies, individuals and banks.

Domain: Economy; Category: Economics

Monetary policy that seeks to reduce the size of the money supply.

Domain: Economy; Category: Economics

System of crop cultivation using small amounts of labour and capital in relation to area of land being farmed.

Domain: Economy; Category: Economics

Systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints.

Domain: Economy; Category: Economics

One of the fundamental economic theories in the operation of any economy.

Domain: Economy; Category: Economics

A production technique which uses a high proportion of capital to labour.

Domain: Economy; Category: Economics

It provides an outlet for research in all areas of economics based on rigorous theoretical reasoning and on topics in mathematics that are supported by the analysis of economic problems.

Domain: Economy; Category: Economics

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