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Economic shock |
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Economic shockEvents that impact the economy, come from outside it, and are unexpected and upredictable (e.g., Hurricane Andrew in 1991, the rise in oil prices by OPEC).Economic shock Similar MatchesCouncil for Mutual Economic AssistanceCouncil for Mutual Economic AssistanceAn international organization formed in 1956 among the Soviet Union and other Communist countries to coordinate economic development and trade. It was disbanded in 1991. Also known as COMECON. Economic indicatorsEconomic indicatorsThe key statistics of the economy that reveal the direction the economy is heading in; for example, the unemployment rate and the inflation rate. MacroeconomicMacroeconomicReferring to the variables or performance of an economy as a whole, or its major components, as opposed to that of individual industries, firms, or households. Economic geographyEconomic geographySee New Economic Geography. Economic sanctionEconomic sanctionThe use of an economic policy as a sanction. Further SuggestionsEconomic expansionEconomic dependence Economic freedom Asia Pacific Economic Cooperation Pact (APEC) Welfare economics Economic contraction Economic union Economic development Economic and Monetary Union International monetary economics First theorem of welfare economics Economic assumptions Economic defeasance Economic justice Economic income Organization for Economic Cooperation and Development (OECD) Special economic zone Noneconomic objectives argument for protection economic value added Economic indicator European Economic Community Economic rate of return New Economic Geography Economic exposure Economic interdependence |
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