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Economics

basics of economics

Contributors in Economics

Economics

spot price

Economy; Economics

The price quoted for a transaction that is to be made on the spot, that is, paid for now for delivery now. Contrast spot markets with forward contracts and futures markets, where payment and/or ...

spread

Economy; Economics

The difference between one item and another. A much used term in financial markets. Examples are the differences between: * the bid (what a dealer will pay) and ask or offer (what a dealer will sell ...

Stability and Growth Pact

Economy; Economics

Budgetary rules agreed to by Euro zone countries as a condition of joining the Euro. The pact stipulates that all the countries will run a balanced budget in normal times. A government that runs a ...

stabilization

Economy; Economics

Government policies intended to smooth the economic cycle, expanding demand when unemployment is high and reducing it when inflation threatens to increase. Doing this by fine tuning has mostly proved ...

stagflation

Economy; Economics

Term coined in the 1970s for the twin economic problems of stagnation and rising inflation. Until then, these two economic blights had not appeared simultaneously. Indeed, policymakers believed the ...

stagnation

Economy; Economics

A prolonged recession, but not as severe as a depression.

stakeholders

Economy; Economics

All the parties that have an interest, financial or otherwise, in a company, including shareholders, creditors, bondholders, employees, customers, management, the community and government. How these ...

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