Civilisation/Economics - Revision history

QRNeditor: Fixed typographical errors

2022-03-24T17:03:33Z

Fixed typographical errors

2022-03-24T17:00:07Z

Table of Contents

2022-03-24T16:57:39Z

Added headings

2022-03-24T16:56:49Z

New page

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 ·        Tertiary: Involves the supplying of services to consumers and businesses, such as baby-sitting, cinemas or banking.
-Econometrics – the application of statistical and mathematical theories to '''economics.'''
+Econometrics – the application of statistical and mathematical theories to economics.
 Elasticity – the measurement of how responsive an economic variable is to a change in another.

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	== Glossary of Economics and Finance terms ==		== Glossary of Economics and Finance terms ==
	Abenomics – the name given to a suite of measures introduced by Japanese prime minister Shinzo Abe after his 2012 re-election.		Abenomics – the name given to a suite of measures introduced by Japanese prime minister Shinzo Abe after his 2012 re-election.

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-Glossary of Economics and Finance terms
+== Glossary of Economics and Finance terms ==
 Abenomics – the name given to a suite of measures introduced by Japanese prime minister Shinzo Abe after his 2012 re-election.
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 Zero-based budgeting – is a method of budgeting in which all expenses must be justified and approved for each new period.
-International organisations
+== International organisations ==
 '''ASEAN Free Trade Area (AFTA)''' is a free trade bloc formed by South East Asian countries originally formed in 1992. Its current members are Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand, Myanmar, Cambodia, Laos and Vietnam.
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 The WTO Doha Development Round of negotiations aims to lower trade barriers around the world, permitting free trade between countries of varying prosperity. Talks have been hung up over a divide between the European Union and the United States and the major developing countries.
-Economists
+== Economists ==
 '''Irving Fisher''' (1867 – 1947) was one of the earliest American neoclassical economists. The Fisher equation estimates the relationship between nominal and real interest rates under inflation. He developed a theory of economic crises called debt-deflation.