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Who we are

 

  
 
 

To understand multilateral relationships among phenomena as well as among micro and macro-variables, one needs a growing hyper-text connecting ideas.

Definitions are here introduced, providing simple not-exhaustive explanations for beginners. By contrast, experts will find some innovative nuances.
 
 

Rethinking Economics: 36 Key Concepts

 

Key concept: Advertising

 

Key concept: Balance of payments

 
Key concept: Consumption

 

Key concept: Costs

 

Key concept: Degree of difficulty

 

Key concept: Elasticity

 

Key concept: Employment

 

Key concept: Energy

 

Key concept: Exchange rate

 
Key concept: Exports

 

Key concept: Feedback

 

Key concept: Foreign direct investment

 
Key concept: Gross Domestic Product

 

Key concept: Imitation

 
Key concept: Imports

 

Key concept: Inflation

 

Key concept: Innovation

 
Key concept: Interest rates

 

Key concept: Investment

 

Useless concept: Isoquant

 

Key concept: Microfinance

 

Key concept: Money

 

Key concept: Poverty

 
Key concept: Price level

 

Key concept: Product differentiation

 
Useless concept: Production function

 

Key concept: Productivity

 

Key concept: Profits

 
Key concept: Public expenditure

 

Key concept: Remittances

 

Key concept: Repurchase

 

Key concept: Savings

 

Key concept: Social groups

 

Key concept: Substitute goods

 

Key concept: Tax revenue

 

Key concept: Trade balance

 

Key concept: Unemployment

 

Key concept: Wages

 

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