OxBowBusiness

Economics Terms from the Bank of England

You will have gathered that I am reading a lot of things published by the Bank of England at the moment. Here's another one: the Bank publishes a wide number of booklets, papers and articles for student and practitioner alike. In the latest edition of their booklet for students Target Two Point Zero they highlight a number of words and phrases ... these are key words and phrases that any busines studies and economics student ought to know.

Here are those words in the order in which they appear in the booklet ... learn them and understand them

• Narrow money
• Notes and coin
• M0
• Nationwide Index of house prices
• Halifx Index of house prices
• Balance of trade
• Total goods export volumes
• Total goods import volumes
• Goods export prices
• Goods export prices (excluding oil)
• Goods import prices
• Goods import prices (excluding oil)
• Index of production
• The output of the production industries
• Manufacturing output

Question By the way, you do know why they call this publication Target Two Point Zero don't you?

Go to the Bank of England web site and subscribe to this booklet yourself ... it's free for you and will be delivered to your in box automatically every time it's published. All you have to do is open it and read it.

Duncan Williamson

posted by Duncan Williamson @ 5:32 PM