John Hicks — Infobox Scientist name = John R. Hicks image size = 180px birth date = birth date|1904|4|8|mf=y birth place = Warwick, England death date = death date and age|1989|5|20|1904|4|8|mf=y death place = New York City, New York nationality = United… … Wikipedia
Pigou effect — The Pigou effect is an economics term that refers to the stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation. Wealth was defined by Arthur Cecil Pigou as… … Wikipedia
Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics … Wikipedia
utility and value — ▪ economics Introduction in economics, the determination of the prices of goods and services. The modern industrial economy is characterized by a high degree of interdependence of its parts. The supplier of components or raw materials … Universalium
Value and Capital — is a book by the British economist John Richard Hicks, published in 1939. It is considered a classic exposition of microeconomic theory. A central result in consumer demand theory that the book builds on is that goods have value even with only… … Wikipedia
Consumer choice — Economics … Wikipedia
Consumer theory — is a theory of microeconomics that relates preferences to consumer demand curves. The link between personal preferences, consumption, and the demand curve is one of the most complex relations in economics. Implicitly, economists assume that… … Wikipedia
Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… … Wikipedia
Compensating variation — In economics, compensating variation (CV) is a measure of utility change introduced by John Hicks (1939). Compensating variation refers to the amount of additional money an agent would need to reach its initial utility after a change in prices,… … Wikipedia
Deadweight loss — created by a binding price ceiling. Producer surplus is necessarily decreased, while consumer surplus may or may not increase; however the decrease in producer surplus must be greater than the increase (if any) in consumer surplus. In economics,… … Wikipedia
List of economics topics — This aims to be a complete list of the articles on economics. It does not include articles about economists, who are listed in the list of economists. NOTOC A * Accounting Accounting reform Actuary Adaptive expectations Adverse selection Agent… … Wikipedia