A Lexicon of Economics (Social Science Lexicons) by Phyllis Deane, Jessica Kuper

By Phyllis Deane, Jessica Kuper

A useful paintings which serves as an creation to the topic and as a reference for all those that have to stay up to date with fiscal considering.

Show description

Read Online or Download A Lexicon of Economics (Social Science Lexicons) PDF

Best dictionaries & thesauruses books

NTC's Pocket Dictionary of Words and Phrases : 12,000 Words, Idioms, and Phrasal Verbs for Travelers and Learners

The small yet very concise NTC's Pocket Dictionary of phrases and words bargains 6,000 easy and customary English phrases plus 6,000 simple and customary English idioms and words. you'll find this moveable name crucial within the school room, at domestic, or touring, in the event you need assistance to bear in mind notice and word meanings.

Dictionary of Scientific and Technical Terminology: English German French Dutch Russian

Medical and technical contacts among international locations· have necessitated the ebook of assorted language textbooks, manuals and reference books. rather vital between them are multilingual scientifio and technical dictionaries. This English-German-French-Dutch-Russian Dictionary of Scientifio and Technical phrases includes a few 9000 entries.

Dictionary of scientific biography, Vol. 6

Dictionary of medical Biography. Vol. VI. Jean Hachette - Joseph Hyrtl

Observing Norm, Observing Usage: Lexis in Dictionaries and the Media

This quantity incorporates a number of stories at the interaction among norm and utilization in lexis, that is explored via taking a look at either dictionaries and the media. The name gains the polysemous verb to monitor, that is used either within the feel of «investigating» use/usage and in that of «respecting» norms.

Extra info for A Lexicon of Economics (Social Science Lexicons)

Sample text

The equilibrium theory of the business cycle assumes that economic agents are endowed with ‘rational expectations’ but must make decisions based on inadequate information about whether price changes are purely inflationary, so that no real response is required, or whether they indicate a profitable opportunity. In models based on this theory, systematic anti-cyclical monetary policy can have no effect, and the only contribution the government can make is to reduce the shocks to the economy by pursuing a systematic monetary policy.

In this case, business cycles will be analysed as growth cycles, with alternating rapid growth expansionary 32 BUSINESS CYCLES phases and slower growth contractionary phases (or recessions) during the upswing of the long wave; while during the downswing of the long wave they will involve periods of positive growth in the expansionary phase followed by periods of zero or negative growth in the contractionary phase (or depression). There has been some debate about whether business cycles are systematic economic fluctuations, or whether they are instead purely random fluctuations in economic activity.

There have been exceptions to this general modelling strategy that have used nonlinear equation systems capable of generating—in the absence of shocks—selfsustaining ‘limit cycles’. These can be stable and self-repeating even in the face of shocks, which merely impart some additional irregularity. Such contributions have been relatively BUSINESS CYCLES 33 rare but may become more common as economists increasingly familiarize themselves with nonlinear techniques of mathematical and statistical analysis.

Download PDF sample

Rated 4.84 of 5 – based on 34 votes