Key Words

Chapter 1: Introduction to Applied Economics

1. Absolute poverty
2. Allocation
3. Benefit cost analysis
4. Command system
5. Depreciation
6. Discount rate
7. Economics
8. Explicit benefits
9. Explicit costs
10. External migration
11. Food security
12. Gini coefficient
13. Human capital
14. Human resource development
15. Human wants
16. Infrastructure
17. Internal migration
18. Knowledge capital
19. Lorenz curve
20. Marginal benefit
21. Marginal cost
22. Market system
23. Opportunity costs
24. Poverty incidence
25. Poverty threshold
26. Profit
27. Relative poverty
28. Research and development
29. Resources
30. Scarcity
31. Scientific method
32. Social benefits
33. Social costs
34. Social science
35. Spacial dimension
36. Spillover effects
37. Temporal dimension
38. Tradition system
39. Unemployment
40. Wealth
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Chapter 2: Application of Supply and Demand Analysis
1. Ceteris paribus
2. Collusion
3. Complimentary good
4. Demand curve
5. Diminishing marginal productivity
6. Disequilibrium
7. Entry barrier
8. Equilibrium
9. Expectation
10. Income effect
11. Interest rate
12. Marginal cost
13. Market power
14. Market
15. Minimum wage
16. Monopolistic competition
17. Monopoly
18. Oligopoly
19. Perfect competition
20. Price ceiling
21. Price floor
22. Production inputs
23. Profit
24. Rent
25. Shift in demand curve
26. Shift in supply curve
27. Substitute good
28. Substitution effect
29. Supply curve
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Chapter 3: Industry and Environmental Analysis: Business Opportunities Identification
1. Agribusiness
2. Bargaining power of consumers
3. Bargaining power of suppliers
4. Barriers to entry
5. Demographic changes
6. Environmental scanning
7. Government regulations
8. Industry analysis
9. Limited information
10. Manufacturing
11. Marginal cost
12. Marginal revenue
13. Marginal utility
14. Market concentration
15. Market power
16. Monopolistic competition
17. Monopoly
18. Oligopoly
19. Perfect competition
20. Porter’s five forces of competitive position
21. Product differentiation
22. Product maximization
23. Services
24. Social changes
25. Social costs
26. SWOT analysis
27. Technological development
28. Total revenue
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Chapter 4: Socioeconomic Impact Analysis
1. Backward linkages
2. Business viability
3. Capital formation
4. Capital market
5. Exports
6. Externalities
7. Factor inputs
8. Final goods
9. Foreign borrowing
10. Foreign direct investment
11. Forward linkages
12. Government consumption
13. Industrial integration
14. Informal sector
15. Intermediate good
16. Intermediate inputs
17. Investment
18. Labor services
19. Negative externality
20. Personal consumption
21. Positive externality
22. Socioeconomic impact analysis
23. Spatial dimension
24. Spillover effects
25. Value added tax