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Glossary

Political Economy

Glossary of political economy.

Topics Economy Politics

Terms listing

A

Absolute advantage Acquittal Agency problem Aggregate demand Aggregate supply Allocation Anarchism Appropriation bill Aristocracy Authorization bill Autocracy

B

Banking Barriers to entry Barter Black market Budget Budget deficit Budget surplus Bureaucracy Bureaucratic politics Business cycle

D

Deflation Demand Demand curve Demand, law of Demand schedule Demerit good Democracy Depression Derived demand Dictatorship Diminishing returns, law of Discount rate Division of labor

F

Faction Factors of production Fascism Federal Reserve System Federation Fiscal policy Free rider Free trade

G

Gross Domestic Product (GDP)Gross National Product (GNP)Growth theory

H

Human capital Hyperinflation

I

Ideology Impoundment Incentive Incrementalism (incrementalist decision-making)Incumbent Inflation Interest group Interest rate(s)Investment Iron triangles

J

Judicial activism Judicial restraint Judicial review

L

Labor Laissez-faire Land Left-wing, leftist Legitimacy Liberalism Libertarianism Limited liability Line-item veto Logrolling

M

Macroeconomics Marginal analysis Marginal productivity Market Market economy Merit good Microeconomics Monarchy Monetary policy Money Money stock Monopoly Monopsony

N

Nation Nation state National debt Nationalism Nationalization Natural monopoly

O

Oligarchy Open market operations Opportunity cost Optimum Organizational process models of decision-making

R

Rational-comprehensive decision-making Reaganomics Recession Referendum Regressive tax Rent Rent-seeking behavior Republic Reserve requirement Resources right-to-work laws Right-wing, rightist

T

Tariff Tax, taxation Theocracy Tort Totalitarianism Trade-off Transaction costs Transfer payment

U

Unemployment Unemployment rate Utility

V

W

A B C D E F G H I J L M N O P R S T U V W

Terms total # 191

Sources

"A Glossary of Political Economy Terms" by Dr. Paul M. Johnson of Auburn University.

Permanent link Political Economy - Creation date 2020-06-14