behaviour of prices
1Prices of production — refers to a concept in Karl Marx s critique of political economy. It is introduced in the third volume of Das Kapital, where Marx considers the operation of capitalist production as the unity of a production process and a circulation process… …
2collective behaviour — ▪ psychology Introduction the kinds of activities engaged in by sizable but loosely organized groups of people. Episodes of collective behaviour tend to be quite spontaneous, resulting from an experience shared by the members of the group… …
3Real prices and ideal prices — refers to a distinction between actual prices paid for products, services, assets and labour, and computed prices which are not actually charged or paid in market trade.Ideal prices, expressed in money units, can be estimated, theorized or… …
4Perfect competition — Economics …
5macroeconomics — macroeconomic, adj. macroeconomist /mak roh i kon euh mist/, n. /mak roh ek euh nom iks, ee keuh /, n. (used with a sing. v.) the branch of economics dealing with the broad and general aspects of an economy, as the relationship between the income …
6David Laidler — David Ernest William Laidler (born 12 August 1938) has been one of the foremost scholars of monetarism. He published major economics journal articles on the topic in the late 1960s and early 1970s. His book, The Demand for Money, was published in …
7Guilds — Trade or craft associations, much like trade unions, but usually confined to a town. Most towns had craft guilds. The merchant guilds sought protection from foreign traders, as well as agreement between their associates as to behaviour and prices …
8economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …
9United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …
10international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …
