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April 13, 2026 

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HORIZONTAL AXIS: In a graph, this is one of two lines that intersect at a right angle at their origins. This is the "X-axis" that runs from right and left. In most analyses, the variable measured on the X-axis is consider to be the independent variable.

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The AmosWEB GLOSS*arama is a searchable database of 2000 economic terms and concepts. GLOSS*arama entries range from A ("a" -- the vertical intercept of a straight line) to Z ("zoning" -- legal restrictions on the location of an activity).

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  • Browsing Alphabetically: Use the letters at the top of this page to retrieve a listing of every term in the GLOSS*arama beginning with the selected letter. Clicking the pound sign "#" will generate a list of every term beginning with a number.
  • QUICK Search: The QUICK Search will return the definition (if available) of your search term, plus a "See Also" list of related terms. It will also return a second list of entries found in the GLOSS*arama that contain your search term.

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We think the AmosWEB GLOSS*arama is without question the best economics glossary available on the web. If you find a better one, let us know. We won't stay second best for long.

MARGINAL COST OF SEARCH

The incremental cost incurred by additional search effort is the marginal cost of search. Marginal cost of search, also termed marginal search cost, is comparable to marginal cost of short-run production analysis. Marginal cost of search increases with an increase in search effort and is represented by the marginal cost of search curve. This is one half of the efficient information search decision. The other is marginal benefit of search.

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Pumping Up The ECONOMIC GROWTH

We need to pay another visit to Scarcity Stan's Ye Olde Bakery Shoppe and Confectionery Palace. But this is not a social visit, nor is intended for some delectable pastries that will add a few extra pounds to our waistlines. We're here on official economic business. Stan's at wits end. He doesn't know what to do. There's been so much demand for his economic pie, what with society's unlimited wants and needs, that he needs to make it bigger. Our job is to figure out how. While we're doing that, we'll also see how to put our economy on the path to economic growth.
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Today, you are likely to spend a great deal of time touring the new suburban shopping complex hoping to buy either a coffee table shaped like the state of Florida or storage boxes for your summer clothes. Be on the lookout for deranged pelicans.
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North Carolina supplied all the domestic gold coined for currency by the U.S. Mint in Philadelphia until 1828.
"Education is the ability to listen to almost anything without losing your temper or your self-confidence. "

-- Robert Frost

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