short-run equilibrium
71World-systems approach — World system approach is a post Marxist view of world affairs, one of several historical and current applications of Marxism to international relations. One of the basics of the approach is its view of imperialism, which for many Marxists during… …
72Real Business Cycle Theory — (or RBC Theory) is a class of macroeconomic models in which business cycle fluctuations to a large extent can be accounted for by real (in contrast to nominal) shocks. (The four primary economic fluctuations are secular (trend), business cycle,… …
73Beat The Market — Infobox VG title = Beat The Market Online developer = [http://www.goldsimulations.com/ Gold Simulations] publisher = designer = Dr. Steven Gold engine = version = released = January 20, 2005 (PC Only) August 10, 2007 (Online Version) genre =… …
74Quantity adjustment — In economics, the concept of quantity adjustment refers to one possible result of supply and demand disequilibrium in a market, either due to or in the absence of external constraints on the market. In the textbook story, if the quantity demanded …
75World Affairs — ▪ 2004 Introduction Dominating the international scene in 2003 were the U.S. led war in Iraq and the worldwide reaction to the invasion, which occurred without the sanction of the UN Security Council; the ouster of Charles Taylor in Liberia; the… …
76government economic policy — ▪ finance Introduction measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three …
77Inflationary gap — An inflationary gap, in economics, is the amount by which the real Gross domestic product, or real GDP, exceeds potential GDP.cite journal last=Parkin first=Michael year= 2007 title=Economics, Level I CFA Program Curriculum volume=2… …
78Power system simulation — models are a class of computer simulation programs that focus on the operation of electrical power systems. These computer programs are used in a wide range of planning and operational situations including: #Long term generation and transmission… …
79commodity trade — ▪ economics Introduction the international trade in primary goods. Such goods are raw or partly refined materials whose value mainly reflects the costs of finding, gathering, or harvesting them; they are traded for processing or… …
80Fixed exchange-rate system — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibil …
