Discover published sets by community

Cost-benefit analysis is a process used to evaluate the total expected costs versus the benefits of a decision or project. In 'Log Horizon', Shiroe analyzes the costs and benefits of taking on the Goblin King to maintain stability in Elder Tale.

A trade-off involves a sacrifice that must be made to obtain a certain product, service, or experience, due to scarcity of resources. In 'Neon Genesis Evangelion', the characters often face trade-offs between personal safety and piloting the Evas to save humanity.

Velocity of money refers to the rate at which money is exchanged in an economy. 'C: The Money of Soul and Possibility Control' displays the concept as assets rapidly change hands affecting the overall economy's agility.

Monetary policy involves management of money supply and interest rate by a central bank. 'Eden of the East' touches on the concept when Selecao are given a large sum of money to save Japan, indirectly referring to the effects of monetary injections into an economy.

Consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the actual price they pay. In 'Spice and Wolf', this concept is reflected in bargain situations where Holo and Lawrence gain more value than the money spent.

Deadweight loss is the loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved. This is portrayed in 'Log Horizon' when market manipulation causes inefficiencies and surplus or shortage of goods.

Marginal cost is the cost of producing one additional unit of a good. In 'Log Horizon', the crafting guilds analyze marginal costs to determine pricing and production levels of their items to ensure profitability.

Income elasticity of demand measures the responsiveness of the quantity demanded for a good to a change in income. 'Silver Spoon' showcases instances where characters' demand for certain agricultural products changes with shifts in their income levels.

Pareto efficiency is a state of allocation of resources from which it is impossible to reallocate so as to make any one individual or preference criterion better off without making at least one individual or preference criterion worse off. 'One Piece' episode where the Straw Hat Pirates share resources reflects this concept as they try not to disadvantage any crew member.

Cross elasticity of demand measures the responsiveness of the quantity demanded for a good to a change in the price of another good. 'Shokugeki no Soma' implies this concept when a change in the price of an ingredient affects the demand for a competing dish.

Adverse selection refers to a situation where sellers have information that buyers do not, or vice versa, about some aspect of product quality. In 'Spice and Wolf', Lawrence often faces this when dealing with merchants who have more knowledge about the goods' quality.

Diminishing returns is an economic principle stating that increasing one input, while keeping others constant, will eventually lead to lower incremental per unit returns. 'Silver Spoon' touches on this when Hachiken works harder but does not proportionally increase his agricultural outputs.

Scarcity refers to the limited nature of society's resources. In 'Girls' Last Tour', the scarcity of resources in a post-apocalyptic world is a central theme, with characters scavenging and struggling to find basic necessities.

GDP is the total value of all goods and services produced in a country over a specific time period. 'Hataraku Maou-sama!' shows the Demon King working part-time to understand Earth's economy, including concepts like GDP.

Elasticity measures how much the quantity demanded or supplied responds to changes in price. 'Ookami to Koushinryou (Spice and Wolf)' frequently explores how shifts in price affect demand for goods like wheat or precious metals.

Speculation involves trading a financial instrument involving high risk, in expectation of significant returns. It is seen in 'Spice and Wolf', where Lawrence engages in risky trades and contract agreements, speculating for greater profits.

Liquidity is the ease with which an asset can be converted into cash without affecting its market price. In 'C: The Money of Soul and Possibility Control', the characters have assets whose liquidity is crucial for their survival in financial battles.

Producer surplus is the difference between the amount a producer is willing to accept for a good and the higher price they actually receive. 'Silver Spoon' occasionally delves into this as the characters sell agricultural products at higher prices than the production cost.

The tragedy of the commons is an economic problem where individuals use common resources to the extent that demand overwhelms supply, leading to resource depletion. 'Trigun' depicts this theme in the scarcity of resources on the planet Gunsmoke.

Fiscal policy refers to the use of government spending and tax policies to influence economic conditions. 'Maoyuu Maou Yuusha' discusses the use of fiscal policy as the Hero and Demon King work together to improve the kingdom's economy.

Comparative advantage is the ability to produce a good at a lower opportunity cost than another producer. In 'Silver Spoon', the characters discuss their farm's ability to produce cheese at a lower cost than competitors due to their specific circumstances.

Game theory is the study of mathematical models of strategic interaction among rational decision-makers. It is evident in 'No Game No Life', where Sora and Shiro use game theory to strategically conquer the gaming world they are in.

Utility is the satisfaction or pleasure one gets from consuming goods and services. In 'Death Note', Light uses the notebook with the aim to increase his utility by achieving his vision of a new world order.

Moral hazard occurs when a party is more likely to take risks because the negative consequences of the risk will be felt by another party. In 'Durarara!!', this is illustrated by characters who engage in reckless behaviors knowing others will suffer the consequences.

Opportunity cost refers to the value of the next best alternative that one gives up when making a choice. In 'Spice and Wolf', Lawrence gives up the opportunity to profit from one trade to accompany Holo, suggesting the value of their partnership exceeds potential monetary gain.

Inflation is the rate at which the general level of prices for goods and services is rising. In 'Maoyuu Maou Yuusha', the war between humans and demons causes massive government spending, leading to inflation depicted by the rising costs of goods.

Economies of scale occur when a firm's production costs decrease due to an increase in the quantity of output. This is referenced in 'Log Horizon' when guilds produce items in bulk to reduce costs and enhance competitiveness.

An externality is a consequence of an economic activity experienced by unrelated third parties. 'Psycho-Pass' explores the negative externalities of an overly controlled society on individual mental health and societal well-being.

The time value of money is the concept that money available now is worth more than the same amount in the future due to its potential earning capacity. This is illustrated in 'Steins;Gate' as they grapple with the implications of altering time and consequently economic conditions.

Behavioral economics studies the psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions. 'Kaiji: Ultimate Survivor' reflects this as it shows the impact of human emotions and flaws on gambling decisions.

Market equilibrium is a market state where the supply in the market is equal to the demand. 'Spice and Wolf' often explores how market equilibrium is disrupted by external factors like trade agreements, affecting the protagonists' trading ventures.

A Giffen Good is a product that people consume more of as the price rises, violating the basic law of demand in economics. 'Spice and Wolf' alludes to Giffen Goods in discussing staple foods that become more necessary as prices increase due to scarcity or status.

A price ceiling is a maximum legal price that can be charged for a good or service. In 'Log Horizon', the Round Table Alliance sets price ceilings on goods in the game to prevent inflation and ensure affordability for players.

Supply and demand is an economic model of price determination in the market. In 'C: The Money of Soul and Possibility Control', the value of Midas Money changes based on its abundance and the desire of entities to obtain it.