demand-and-supply curves
31George Stigler — Infobox Scientist name = George Stigler image size = 180px birth date = January 17, 1911 birth place = Seattle, Washington, U.S. death date = December 1, 1991 death place = Chicago, Illinois, U.S. nationality = United States field = Economics… …
32Representative agent — Economists use the term representative agent to refer to the typical individual of a certain type (for example, the typical consumer, or the typical firm). More technically, an economic model is said to have a representative agent if all agents… …
33Henry Schultz — Naissance 4 septembre 1893 Szarkowszczyzna (Russie) Décès 26 novembre 1938 Californie (États Unis) Nationalité américaine Champs économétrie …
34Optimal tax — theory is the study of how best to design a tax to minimize distortion and inefficiency subject to increasing set revenues through distortionary taxation.[1] A neutral tax is a theoretical tax which avoids distortion and inefficiency… …
35Marshall, Alfred — born July 26, 1842, London, Eng. died July 13, 1924, Cambridge, Cambridgeshire British economist, one of the founders of English neoclassical economics. The first principal of University College, Bristol (1877–81), and a professor at the… …
36Fixed Repeating Schedule — is a key element of the Toyota Production System and Lean Manufacturing. As its name suggests it is a production schedule which is unchanging and repeated perhaps daily or over a longer period such as a fortnight or month. If it can be… …
37Sidney Weintraub — (1914 1983) was one of the most prominent American members of the Post Keynesian school in economics. He was born in New York, and was initially educated in the United States. He studied at the London School of Economics in 1938 39 but the… …
38Neoclassical economics — Economics …
39railroad — /rayl rohd /, n. 1. a permanent road laid with rails, commonly in one or more pairs of continuous lines forming a track or tracks, on which locomotives and cars are run for the transportation of passengers, freight, and mail. 2. an entire system… …
40Externality — External redirects here. For other uses, see External (disambiguation). In economics, an externality (or transaction spillover) is a cost or benefit, not transmitted through prices,[1] incurred by a party who did not agree to the action causing… …
