short-run adjustment
61Christopher Pissarides — Christopher Antoniou Pissarides (Χριστόφορος Πισσαρίδης; * 20. Februar 1948 in Nikosia, Zypern) ist ein zyprisch britischer Wirtschaftswissenschaftler. 2010 erhielt er den Wirtschaftsnobelpreis) …
62General equilibrium — theory is a branch of theoretical microeconomics. It seeks to explain the behavior of supply, demand and prices in a whole economy with several or many markets. It is often assumed that agents are price takers and in that setting two common… …
63Resource base of Communist Czechoslovakia — Minerals, Oil and Power Plants Minerals and MiningCzechoslovakia had significant quantities of coal and lignite. *Hard coal suitable for extraction was present in the Ostrava coalfields and near Kladno, Plzeň (Pilsen), Košice, and Trutnov. *Brown …
64Trade and development — Trade is a key factor in economic development. A successful use of trade can boost a country s development. On the other hand, opening up markets to international trade may leave local producers swamped by more competitive foreign… …
65Schools of economic thought — describes the multitude of academic approaches toward economics throughout the history of economic thought. While economists do not always fit into particular schools, particularly in modern times, classifying economists into schools of thought… …
66Monetary Approach to The Balance of Payments — refers to the key ideas and subsequent research of David Hume conducted in the late 1950s, the 1960s and early 1970s. David Hume presented the price–specie flow mechanism against the Mercantilist approach that stated favorable balance of trade is …
67Viner, Jacob — ▪ American economist born May 3, 1892, Montreal died Sept. 12, 1970, Princeton, N.J., U.S. Canadian born American economist who made major contributions to the theory of cost and production, international economics, and the history of… …
68Progressive tax — A progressive tax is a tax imposed so that the tax rate increases as the amount subject to taxation increases. [ [http://www.merriam webster.com/dictionary/Progressive Webster] (4b): increasing in rate as the base increases (a progressive tax)] [ …
69Interstate 196 — Infobox road state=MI type=I route=196 alternate name=Gerald R. Ford Freeway maint=MDOT length mi=80.65 length round=2 length ref=cite web|author=|title=Route Log Auxiliary Routes of the Eisenhower National System Of Interstate and Defense… …
70Neo-Keynesian economics — Not to be confused with New Keynesian economics. Economics …
