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GLOSSARY PASSWORD 350 PAGE CALENDAR ECON NEWS EXERCISES


The Word Smiths at Work

(http://faculty.washington.edu/krumme/350/00/list.html)

Class-Generated List of Terms & Concepts

Will be maintained by instructor from now on. Suggestions welcome!

GLOSSARY


Accessibility matrix (in network analysis)

Agglomeration economies

Average propensity to consume

Balance of payments

Benchmark region

Best-practice rule/method [for adjusting technical I/O coefficients over time]

Beta index (in network analysis)

Central Place Theory

Closed I/O Model (Davis, p.59)

CMSA

Coefficient of localization

Coefficient of specialization

Cohort vs. life stage

Cohort survival analysis

Column vector

Compositional structure

Composition effect (shift and share analysis)

Consumption function

Diameter of a network

Differential effect (shift and share analysis)

Distance elasticity of demand

Diversification (Regional diversification)

Economic impact analysis

Elasticity of demand

Endogenous variable

Engel's law or Engel's curve

Exogenous variable

Externalities, external economies (such as agglomeration economies)

Fertility rates: General, age-specific, total etc.) [as different from ("raw") birth rates]

Focal region

Forward & backward linkages

Functional region

"Income cofficient" as different from "income multiplier" Click!

"Income created per dollor of local consumption sales" ("icles")

Income elasticity of demand

Induced effects (as different from "indirect" effects)

Leontief inverse / Leontief coefficients

Localization coefficient

Localization economies

Location quotient

Marginal propensity to consume

Matrix, matrix multiplication

Metropolitan Statistical Area (MSA)

Multipliers

Nodal region

Nodes

Output Multiplier (as different from Income Multiplier)

PMSA

Population pyramid

Price elasticity of demand

Primary, secondary, tertiary activities

Probability

Production function

Propensity to consume locally

Quaternary activities

Quinary activities

Reaction coefficient

Regional coefficients (as different from "technical" coefficients)

Regional economic development

Row vector

Shift & share analysis

Spatial demand function/ or curve

Spatial differentation

Technical coefficients

Transition (probability) matrix

Type I and II Multipliers

Type A and B Multipliers

Uniform (or homogenous) region


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