MBA专业术语汇编中英文

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MBA专业术语汇总

A

Ability-to-pay principle 能力纳税原则

The idea that taxes should be levied on a person according to how well that person can shoulder the burden

Absolute advantage 绝对优势

The comparison among producers of a good according to their productivity

Aggregate-demand curve 总需求曲线

A curve that shows the quantity of goods and services that households, firms, and the government want to buy at any price level

Aggregate-supply curve 总供给曲线

A curve that shows the quantity of goods and services that

firms choose to produce and sell at any level

Appreciation 升值

An increase in the value of a currency as measured by the amount of foreign currency it can buy

Automatic stabilizers 自动稳定器

Changes in fiscal policy that stimulate aggregate demand when the economy goes into a recession without policymakers having to take any deliberate action

Average fixed cost 平均固定成本

Fixed costs pided by the quantity of output

Average revenue 平均收益

Total revenue pided by the quantity sold

Average tax rate 平均税率

Total taxes paid pided by total income

Average total cost 平均总成本

Total cost pided by the quantity of output

Average variable cost 平均可变成本

Variables costs pided by the quantity of output

Accelerator 加速数

the effect on GDP of the increase in investment that results from an increase in output. For instance, the greater output leads a firm to believe that the demand for its products will rise in the future; the resulting increase in investment leads to growth in output and still further increases in investment, accelerating the expansion of the economy

Acquired endowments 后天禀赋

resources a country builds for itself, like a network of roads or an educated population

Adaptive expectations 适应性预期

expectations based on the extrapolation of events in the recent past into the future

aggregate expenditures schedule 总支出曲线

a curve that traces out the relationship between expenditures--the sum of consumption, investment, government expenditures, and net exports--and the national income, at a fixed price level

antitrust laws 反托拉斯法

laws that discourage monopoly and restrictive practices and encourage greater competition

arbitrage 套利

the process by which assets with comparable risk, liquidity, and tax treatment are priced to yield comparable expected returns

adverse selection 逆向选择

principle that says that those who most want to buy insurance tend to be those most at risk, but charging a high price for insurance (to cover the high risk)will discourage those at less risk from buying insurance at all

asset 资产

any item that is long-lived, purchased for the service it renders over its life and for what one will receive when one sells it

assistance in kind 实物援助

public assistance that provides particular goods and services, like food or medical care, rather than cash

asymmetric information 信息不对称

a situation in which the parties to a transaction have different information, as when the seller or a used car has

more information about its quality then the buyer

autonomous consumption 自主消费

that part of consumption that does not depend on income

average costs 平均成本

the total costs pided by the total output

average productivity 平均产量

total quantity pided by the total quantity of input

B

Benefits principle 受益原则

The idea that people should pay taxes based on the benefits they receive from government services

Bond 债券

A certificate of indebtedness

Budget constraint 预算约束

The limit on the consumption bundles that a consumer can afford

Budget deficit 预算赤字

An excess of government spending over government receipts

Budget surplus 预算盈余

An excess of government receipts over government spendin

barriers to entry 进入障碍

factors that prevent firms from entering a market, such as government rules or patents

basic competitive model 差不多竞争模型

the model of the economy that pulls together the assumptions of self-interested consumers, profit

maximizing firms, and perfectly competitive markets

bequest savings motive 储蓄的遗产动机

people save so that they can leave an inheritance to their children

Bertrand competition 伯特兰竞争

an oligopoly in which each firm believes that its rivals are committed to keeping their prices fixed and that customers can be lured away by offering lower prices

bilateral trade 双边贸易

trade between two parties

boom 繁荣

a period of time when resources are being fully used and GDP is growing steadily

C

Capital 资本

The equipment and structures used to produce goods and services

Capital flight 资本外流

A large and sudden reduction in the demand for assets located in a country

Cartel 卡特尔

A group of firms acting in unison

Catch-up effect 追赶效应

The property that countries that start off poor tend to grow more rapidly than countries that start off rich

Central bank 中央银行

An institution designed to oversee the banking system and regulate the quantity of money in the economy

Ceteris paribus 其它条件相同

A Latin phrase, translated as 'other things being equal,' used as a reminder that all variables other than the ones being studied are assumed to be constant

Circular-flow diagram 循环流向图

A visual model of the economy that shows how dollars flow through markets among households and firms

Classical dichotomy 古典二分法

The theoretical separation of nominal and real variables

Closed economy 封闭经济

An economy that does not interact with other economies in the world

Coase theorem 科斯定理

The proposition that if private parties can bargain without

cost over the allocation of resources, they can solve the problem of externalities on their own

Collective bargaining 集体谈判

The process by which unions and firms agree on the terms of employment

Collusion 勾结

An agreement among firms in a market about quantities to produce or prices to charge

Commodity money 商品货币

Money that takes the form of a commodity with intrinsic value

Common resources 共有资源

Goods that are rival but not excludable

Comparable worth 同工同酬

A doctrine according to which jobs deemed comparable should be paid the same wage

Comparative advantage 比较优势

The comparison among producers of a good according to their opportunity cost

Compensating wage differential 补偿性工资差不

A difference in wages that arises to offset the nonmonetary characteristics of different jobs

Competitive market 竞争市场

A market with many buyers and sellers trading identical products so that each buyer and seller is a price taker

Complements 互补品

Two goods for which an increase in the price of one good leads to a decrease in the demand for the other good

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