Market Failures, Public Goods, and Externalities
Introduction Definitions and Basics ● Definition: Market failure, from Answers.com ● An economic term that…
Roles of Government
Introduction Definitions and Basics ● Public Goods and Externalities, from the Concise Encyclopedia of…
Fiscal Policy
Definitions and Basics ● Fiscal Policy, from the Concise Encyclopedia of Economics ● Fiscal policy…
Economic exchange
Economic behaviour involves the exchange of one scarce resource for another. When…
Income Inequality
Definitions and Basics ● Robert Frank on Inequality , podcast on EconTalk. November 15,…
Profit
Introduction ● Profits, from the Concise Encyclopedia of Economics ● Capitalists earn a return on…
Income Distribution
Introduction ● Income distribution refers to four different topics in economics. See also…
Economic Development
Introduction Definitions and Basics ● Third World Economic Development, from the Concise Encyclopedia of Economics…
Productivity
Introduction Definitions and Basics ● Productivity, from the Concise Encyclopedia of Economics ● Productivity—the amount of…
Environmentalism
Introduction Definitions and Basics ● Natural Resources, from the Concise Encyclopedia of Economics ● The earth's…


