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Economics
basics of economics
Industry: Economy
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Economics
Open Market Operations
Economy; Economics
The buying and selling of gov't securities by the Fed through its trading desk at the New York Federal Reserve Bank.
money multiplier
Economy; Economics
The amount of money the banking system generates with each dollar of reserves.
galvanometer
Economy; Economics
a scientific instrument used in marketing research to measure the reaction of a subject in a study to an advertisement; the instrument measures the perspiration that accompanies the subject's ...
McKinsey 7-S Framework
Economy; Economics
a framework or model, developed by the McKinsey Company, a leading consulting firm, for maximising success of the implementation of an organisation's strategic planning; according to the McKinsey ...
ultimatum game
Economy; Economics
An economic and psychological game that is played by two people. The premise is that both players are given a total sum of money to share. Player 1 is then asked to decide how the money should be ...
trade diversion
Economy; Economics
Trade that is diverted away from outside countries as a result of lowering tariffs between the members of a trading bloc.