Aggregation Problem
The aggregation problem is a problem in Economics that refers to the issue of how best to aggregate the preferences of individual economic agents into a…
Aggregate Demand
Aggregate demand is an economic term used to describe the total demand for goods and services in an economy. It is often represented by a graph that sho…
Agent-Based Computational Economics
Agent-based computational economics (ACE) is a form of computational economics that uses autonomous agents to model economic processes. These agents can…
Adaptive Expectations
Adaptive expectations is an economic theory that posits that people form their expectations based on past experience and learning. The theory is used to…
Adverse Selection
Adverse selection is a type of market failure that can occur when people with better knowledge about a good or service are able to buy it while those wh…
Agent
An economic agent is an entity that engages in economic activity, such as the production, consumption or transfer of goods and services.
In microeco…
Adaptive
In Economics, the word “adaptive” is used to describe a process or system that is able to change and adapt in response to new conditions. The term is of…
Accountancy
Accountancy is the process of communicating financial information about a business to users such as shareholders and managers. The main purpose of accou…
Accounting Reform
Accounting reform refers to a set of changes that aim to improve the accuracy and transparency of financial reporting by businesses and other organizati…
Actuary
An actuary is a professional who uses mathematical and statistical methods to assess risk in insurance, finance, and other industries. Actuaries typical…
Absence Rate
The absence rate is the percentage of workers who are absent from their jobs. It is a measure of employee absenteeism and can be used to gauge the pro…