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Economics

basics of economics

Contributors in Economics

Economics

Fine tuning

Economy; Economics

A favourite government policy in the Keynesian-dominated 1950s and 1960s, involving frequent adjustments to fiscal policy and/or monetary policy to alter the level of demand to keep the economy ...

Financial system

Economy; Economics

The firms and institutions that together make it possible for money to make the world go round. This includes financial markets, securities exchanges, banks, pension funds, mutual funds, insurers, ...

Financial intermediary

Economy; Economics

A middleman. An individual or institution that brings together investors (the source of funds) and users of funds (such as borrowers). May be increasingly at risk of disintermediation.

Financial instrument

Economy; Economics

Certificate of ownership of a financial asset, such as a bond or a share.

Financial centre

Economy; Economics

A place in which an above-average amount of financial business takes place. The big ones are New York, London, Tokyo and Frankfurt. Small ones such as Dublin, Bermuda, Luxembourg and the Cayman ...

Fair trade

Economy; Economics

Many politicians and NGOs argue that free trade is not enough; it should also be fair. On the face of it, fairness is self-evidently a good thing. However, fairness, in trade as in beauty, lies in ...

Factory prices

Economy; Economics

The prices charged by producers to wholesalers and retailers. Because these prices are eventually passed on to the end customer, changes in factory prices, also known as producer prices, can be a ...

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