| 单词 | price theory |
| 释义 | price theory price theory A theory that, at the microeconomic level, defines the role of prices in consumer demand and the supply of goods by firms. At a broader level, it explains the role of prices in markets as a whole. At the macroeconomic level it treats wages and interest rates as the prices of particular goods, thus implying that governments must take market forces into account when formulating such policies as incomes policy and monetary policy. |
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英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。