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  • Thumbnail for Law of demand
    reconciled the demand and supply into a single analytical framework. The formulation of the demand curve was provided by the utility theory while supply...
    28 KB (3,812 words) - 05:10, 18 March 2024
  • Thumbnail for Supply and demand
    as aggregate demand and aggregate supply. Demand and supply are also used in macroeconomic theory to relate money supply and money demand to interest rates...
    37 KB (5,087 words) - 03:48, 3 April 2024
  • Thumbnail for Microeconomics
    sophisticated analysis is required to understand the demand-supply equation of a good model. However, the theory works well in situations meeting these assumptions...
    49 KB (5,888 words) - 22:50, 2 June 2024
  • In economics, aggregate demand (AD) or domestic final demand (DFD) is the total demand for final goods and services in an economy at a given time. It is...
    21 KB (2,867 words) - 21:36, 22 April 2024
  • economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given time. In economics "demand" for...
    25 KB (3,770 words) - 01:34, 19 June 2024
  • the demand-pull theory is the theory that inflation occurs when demand for goods and services exceeds existing supplies. According to the demand pull...
    2 KB (188 words) - 16:21, 26 August 2023
  • regression, also sometimes called hedonic demand theory, is a revealed preference method for estimating demand or value. It decomposes the item being researched...
    8 KB (1,059 words) - 06:47, 3 April 2024
  • In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting...
    49 KB (6,061 words) - 04:22, 25 May 2024
  • In economics, induced demand – related to latent demand and generated demand – is the phenomenon whereby an increase in supply results in a decline in...
    44 KB (5,563 words) - 01:54, 20 May 2024
  • Keynesian theory. This situation occurs when the demand for money is infinitely elastic with respect to the interest rate. A typical money-demand function...
    19 KB (2,680 words) - 14:30, 27 April 2024
  • Thumbnail for Kinked demand
    The Kinked-Demand curve theory is an economic theory regarding oligopoly and monopolistic competition. Kinked demand was an initial attempt to explain...
    8 KB (1,146 words) - 10:29, 14 March 2023
  • Thumbnail for John Hicks
    contributions in the field of economics were his statement of consumer demand theory in microeconomics, and the IS–LM model (1937), which summarised a Keynesian...
    16 KB (1,554 words) - 05:46, 30 April 2024
  • Thumbnail for Demand-pull inflation
    opposite of cost-push inflation. In Keynesian theory, increased employment results in increased aggregate demand (AD), which leads to further hiring by firms...
    4 KB (477 words) - 13:16, 16 May 2024
  • context of partial equilibrium theory, it is sometimes called Walrasian demand as used in general equilibrium theory (named after Léon Walras). According...
    9 KB (1,459 words) - 18:35, 27 September 2023
  • Transactions demand, in economic theory, specifically Keynesian economics and monetary economics, is one of the determinants of the demand for money, the...
    2 KB (231 words) - 03:35, 1 August 2018
  • Thumbnail for Unemployment
    representing cash and equivalent demand deposits) velocity is far more predictive of inflation than low unemployment. Some demand theory economists see the inflation...
    138 KB (15,687 words) - 08:56, 13 June 2024
  • are independent, or, as described in consumer theory, if a good is independent in demand then the demand of that good is independent of the quantity consumed...
    23 KB (3,028 words) - 15:40, 7 June 2024
  • Economics (redirect from Economic theory)
    economics' labour theory of value in favour of a marginal utility theory of value on the demand side and a more comprehensive theory of costs on the supply...
    186 KB (18,996 words) - 19:16, 4 June 2024
  • good's price elasticity of demand ( E d {\displaystyle E_{d}} , PED) is a measure of how sensitive the quantity demanded is to its price. When the price...
    45 KB (5,901 words) - 17:00, 15 April 2024
  • Speculative demand arises from the perception that money is optimally part of a portfolio of assets being held as investments.. In economic theory, specifically...
    2 KB (285 words) - 15:53, 2 May 2023
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