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💲Honors Economics
Key Terms

265 essential vocabulary terms and definitions to know for your Honors Economics exam

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A

Adaptive Expectations
Aggregate demand curve
Aggregate expenditure
Anti-discrimination laws
Antitrust Movement
Asset price channel
Auction Theory
Availability of Substitutes
Average Product

B

Bank supervision
Bargaining Models
Bargaining power
Basel III
Battle of the sexes
Bayesian Models
Bayesian Nash Equilibrium
Behavioral finance
Behavioral Spillover
Beta
Black market
Bond market
Brand Loyalty
Brown Shoe Co. v. United States

C

Cap-and-trade
Cap-and-trade systems
Capital Adequacy
Capital Asset Pricing Model
Capital Controls
Capital requirements
Capital-augmenting technological progress
CAPM
Carbon tax
Certainty effect
Ceteris Paribus
Chained dollars
Circular economy
Classical economics
Clayton Act
Coalition formation
Collateral Requirements
Commercial Paper
Commodity money
Commodity prices
Common pool resource management
Common-pool resource issues
Constant dollars
Consumer Demand
Consumer Preferences
Consumer Price Index
Consumer price index (CPI)
Consumer welfare
Consumer welfare standard
Consumption Behavior
Customs Union

D

Debt Maturity Structure
Debt-to-gdp ratio
Decrease in aggregate demand
Decrease in Demand
Decrease in supply
Default options
Deficit financing
Dictator game
Disposition Effect
Distribution of Surplus
Dutch Auction
Dynamic Pricing

E

Economic output
Economic Resources
Elasticity of substitution
Elinor Ostrom
Employment contracts
Endogenous growth theory
Endowment Effect
English Auction
Evolutionary game theory