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basis point a unit equal to one hundredth of one percent, used in economics and finance to measure exchange rates, interest rates, and the like.
county agent a person employed by the government in rural areas to advise and educate in farming, managing natural resources, home economics, and the like; agricultural agent.
demand in economics, the desire of consumers for goods or services. [1/9 definitions]
diminishing returns a proposition in economics that when the amount of one factor of production, such as labor, is increased past a certain point while the amounts of other factors, such as land or capital, are held constant, additional output will increase only at a progressively lower and lower rate.
domestic science see home economics.
econometrics (used with a sing. verb) the application of mathematical and statistical methods to research in economics.
economist a person who has expertise in the study of economics.
elasticity in economics, the degree to which changes in price cause changes in supply or demand for goods or services. [1/3 definitions]
Marxism the theories and doctrines of Karl Marx, esp. those concerning economics, dialectical materialism, and conflict between social classes.
Nobel prize any of the international prizes awarded annually for achievements in physics, chemistry, economics, medicine or physiology, literature, and the promotion of peace, by a Swedish foundation established according to the bequest of Alfred Nobel.
protect in economics, to guard the secure growth of (an industry) by means of tariffs on competing goods from other countries. [1/3 definitions]
protection in economics, the providing of security to native industry by charging tariffs on competing imported goods. [1/4 definitions]
supply1 in economics, the amount of a commodity available for purchase at a particular price. [1/9 definitions]