7 Terms
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Economics
basics of economics
Industry: Economy
Add a new termContributors in Economics
Economics
Monitoring
Economy; Economics
The process of checking whether individuals or firms are actually behaving as they should.
Insider trading
Economy; Economics
Stock exchange transactions by people through whose positions in or contacts with companies are able to obtain price-sensitive information.
Equilibrium
Economy; Economics
A situation in which nobody has any immediate reason to change their actions
Gresham's Law
Economy; Economics
Bad drive out good money. One of the oldest law in economics, named after Sir Thomas Gresham, Advisor to Queen Elizabeth I from the United Kingdom. He observed that when the currency was debased and ...
merkantilismo
Economy; Economics
The conventional economic wisdom of the 17th century that made a partial come-back in recent years. Mercantilists feared that money would become too scarce to sustain high levels of output and ...
