Index of Concepts
Below is a list of all the economic concepts represented in our collection of clips. Click on a concept to see clips associated with it.
- absolute advantage
- altruism
- arbitrage
- asymmetric information
- bads
- bandwagon effect
- barriers to entry
- black market
- cartel
- change in demand
- change in supply
- change in technology
- changes in payoffs
- Coase theorem
- collective bargaining
- collusion
- commitment device
- common resource
- comparative advantage
- compensating differentials
- competition
- complements
- compound interest
- consumer sovereignty
- cost-benefit analysis
- credible threat
- deadweight loss of gift-giving
- demand
- depreciation of capital
- diminishing marginal utility
- diversification
- dominant strategy
- dual-self models
- economics of crime
- economies of scale
- efficiency
- efficient markets
- entrepreneurship
- expectations
- externality
- fallacy of composition
- financial intermediation
- fixed costs
- free entry and exit
- free rider
- functions of markets
- future value
- gains from exchange
- game theory
- imperfect information
- incentives
- inferior good
- innovation
- intellectual property rights
- labor market
- labor union
- law of demand
- luxury goods
- monopolistic competition
- monopoly power
- moral hazard
- movement along a demand curve
- movement along a supply curve
- nominal exchange rate
- non-excludable goods
- non-price competition
- normal good
- opportunity cost
- present value
- price ceiling
- product differentiation
- property rights
- public good
- randomized strategies
- rate of time preference
- rationality
- rationing mechanisms
- real exchange rate
- regulated prices
- regulation
- reputation effects
- reservation wage
- rival goods
- saving
- scarcity
- signaling
- strategic move
- substitutes
- sunk cost
- supply of labor
- thinking at the margin
- time inconsistency
- trade-off
- unemployment
- unintended consequences
- unlimited wants
- utility
- value of information
- variable costs
- willingness to pay
- willingness to sell
- zero-sum game