portion of economic theory

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• Economic rent — is the difference between what a factor of production is paid and how much it would need to be paid to remain in its current use.There are multiple mechanisms that can create economic rent: political contrivance, network effect, monopoly power,… …   Wikipedia

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• Economic inequality — refers to disparities in the distribution of economic assets and income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among nations. Economic Inequality generally refers… …   Wikipedia

• wage theory — ▪ economics       portion of economic theory that attempts to explain the determination of the payment of labour.       A brief treatment of wage theory follows. For full treatment, see wage and salary.       The subsistence theory of wages,… …   Universalium

• Economic shortage — is a term describing a disparity between the amount demanded for a product or service and the amount supplied in a market. Specifically, a shortage occurs when there is excess demand; therefore, it is the opposite of a surplus. Economic shortages …   Wikipedia

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