This glossary of economics is a list of definitions of terms and concepts used in economics, its sub-disciplines, and related fields.
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This is the sum of the demand for all final goods and services in the economy. It can also be seen as the quantity of real GDP demanded at different price levels.
[...] recent work of the OECD Economics and Statistics Department to construct an international Business Sector Data Base (BSDB) for use in a wide variety of analyses of production and supply issues [...].
An economic theory prevalent in 18th-cent. Germany, which advocated a strong public administration managing a centralized economy primarily for the benefit of the state.
Market-based instruments are regulations that encourage behavior through market signals rather than through explicit directives regarding pollution control levels or methods
1 The activity of buying and selling, especially on a large scale.
Economic system – A set of institutions for decision making and for the implementation of decisions concerning production, income, and consumption within a given geographic area.