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Barter economy |
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Barter economyAn economic model of international trade in which goods are exchanged for goods without the existence of money. Most theoretical trade models take this form in order to abstract from macroeconomic and monetary considerations.Similar MatchesPolitical economyPolitical economy1. Early name for the discipline of economics. 2. A field within economics encompassing several alternatives to neoclassical economics, including Marxist economics. Also called radical political economy. 3. A field within economics that concerns the interactions between political processes and economic variables, especially economic policies. Ministry of Economy, Trade and IndustryMinistry of Economy, Trade and IndustryThe Japanese government ministry that deals with economic issues, including the vitality of the private sector, external economic relations, energy policy, and industrial development. Tiger economyTiger economyA term originally used to describe rapidly-growing economies in the Far East. Now used to describe any relatively undeveloped country where growth prospects are thought to be high. Goldilocks economyGoldilocks economyA term developed in the mid 1990s to describe the positive performance of the economy as "not too hot, not too cold; just right." Small open economySmall open economyAn economy that is small enough compared to the world markets in which it participates that (as a good approximation) its policies do not alter world prices or incomes. The country is thus a price taker in world markets. The term is normally applied to a country as a whole, although it is sometimes used in the context of only a single product. Further SuggestionsRadical political economyOpen-economy multiplier Integrated World Economy External economy Non-market economy Closed economy External diseconomy Mature economy Newly Industrializing Economy Mixed economy old economy stocks New Economy Pure exchange economy Emerging economy Market economy Goldilocks economy Command economy Open economy black economy Bubble economy Political economy of protection |
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