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