consumer economics
1Consumer economics — is a branch of economics. It is a broad field, principally concerned with microeconomic analysis behavior in units of consumers, families, or individuals (in contrast to traditional economics, which primarily government or business units). It… …
2Consumer leverage ratio — is a term popularized by William Jarvis and Dr. Ian C MacMillan in a series of articles in the Harvard Business Review and refers to the ratio of total household debt, as reported by the Federal Reserve System to disposable personal income, as… …
3Consumer choice — Economics …
4Consumer theory — is a theory of microeconomics that relates preferences to consumer demand curves. The link between personal preferences, consumption, and the demand curve is one of the most complex relations in economics. Implicitly, economists assume that… …
5Consumer cooperative — Consumer cooperatives are enterprises owned by consumers and managed democratically which aim at fulfilling the needs and aspirations of their members.[1] They operate within the market system, independently of the state, as a form of mutual aid …
6Consumer sovereignty — is a term used in economics. It refers to consumers determining the production of goods[1]. The term can prescribe what consumers should be permitted, or describe what consumers are permitted. The term was coined by William Hutt in his 1936 book… …
7consumer surplus — ▪ economics also called social surplus and consumer s surplus in economics, the difference between the price a consumer pays for an item and the price he would be willing to pay rather than do without it. As first developed by Jules… …
8Economics of the arts and literature — or, for ease of reference below, cultural economics, is a branch of economics that studies the economics of creation, distribution, and the consumption of works of art and literature. For a long time the arts were confined to visual and… …
9consumer good — ▪ economics in economics, any tangible commodity produced and subsequently purchased to satisfy the current wants and perceived needs of the buyer (consumption). Consumer goods are divided into three categories: durable goods, nondurable… …
10Consumer Product Safety Improvement Act — Consumer Safety Act Full title Consumer Product Safety Improvement Act Acronym CPSIA Colloquial name(s) Consumer Act Enacted by the 110th United States Congress Effective …
