Examlex
A webinar is a form of web conferencing which blends videoconferencing with document sharing and allows the user to deliver a presentation over the web to a group of geographically dispersed participants.
Marginal Analysis
An examination of the benefits and costs of one more unit of a product or activity to help make efficient allocation decisions.
Full Employment
This term refers to the condition where all available labor resources are being used in the most economically efficient way, with no involuntary unemployment.
Production Possibilities Curve
A graph that shows the different quantities of two goods that an economy can produce with fixed resources and technology.
Human Economic Wants
Desires that require resources to satisfy, emphasizing the economic aspect of needs and desires.
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