1. Period of economic crisis with high unemployment and loss of trade. DEPRESSION 2. Situation when prices rise to keep up with increased production costs, with the result that the purchasing power of money falls. INFLATION 3. A state of balance. EQUILIBRIUM 4. Amount of something which is available to be sold, bought, used, etc. SUPPLY 5. Financial collapse. CRASH 6. Inflation and stagnation of the economy. STAGFLATION 7. Buying or using goods or services. CONSUMPTION 8. Movement towards lower prices or sales or profits. DOWNTURN 9. Need for goods at a certain price. DEMAND 10. Gradual fall in prices because of increased competition. DEFLATION 11. Amount which can be produced or amount of work which can be done. CAPACITY 12. Economic theory that government monetary and fiscal policy should stimulate business activity and increase employment in recession. KEYNESIANISM 13. Comparison between total receipts and payments arising from a country’s international trade in goods, services and financial transactions. BALANCE OF PAYMENTS 14. Annual value of goods and services paid for inside a country. GROSS DOMESTIC PRODUCT 15. Period during which trade expands then slows down and then expands again. BUSINESS CIRCLE 16. Term coined by Joseph Schumpeter to denote a process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one. CREATIVE DESTRUCTION 17. Fall in trade of in economy. RECESSION 18. When prices increase or the economy grows again after a difficult period of time. RECOVERY 19. The lowest point in a series of prices, values, etc. TROUGH 20. Movement towards higher sales or profits. UPTURN 21. Coming from or produced outside a particular system. EXOGENOUS 22. Used in economics to describe something that is inside a particular system, rather than outside that system. ENDOGENOUS 23. Amount by which spending is higher than income. DEFICIT 24. Goods used to manufacture other goods. CAPITAL GOODS 25. Something that is more than is needed. SURPLUS 26. Amount of money which exists in a country. MONEY SUPPLY 27. Act of stimulating the economy by increasing the money supply or by reducing taxes. REFLATION 28. Amount which a company or a person or a machine produces. OUTPUT
... zobacz całą notatkę
Komentarze użytkowników (0)