Do you speak economics? While economics can bring clarity to our everyday lives, econ lingo can be downright confusing! In this series, MRU defines key econ concepts and terms. The links below take you to exactly where we introduce these terms in our Microeconomics and Macroeconomics courses. So, are you looking to brush up on your econ vocab before an exam? Need a quick refresher on a term you've heard in the news? Or just want to beef up your econ fluency before your next family dinner? MRU's Dictionary of Economics has you covered.
Featured term: Private Good