{"id":795,"date":"2011-08-22T18:42:46","date_gmt":"2011-08-22T22:42:46","guid":{"rendered":"http:\/\/hargaden.com\/enda\/?p=78"},"modified":"2011-08-22T18:42:46","modified_gmt":"2011-08-22T22:42:46","slug":"latin-phrases-and-greek-letters-for-economists","status":"publish","type":"post","link":"https:\/\/hargaden.com\/enda\/latin-phrases-and-greek-letters-for-economists\/","title":{"rendered":"Latin phrases and Greek letters for economists"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Latin phrases for economists<\/th>\n<\/tr>\n
Phrase<\/b> <\/th>\n Translation<\/b> <\/th>\n<\/tr>\n
\nA priori<\/i> <\/td>\n Pre-supposed; your “priors beliefs”. <\/td>\n<\/tr>\n
\nAd infinitum<\/i> <\/td>\n To infinity; and so on. <\/td>\n<\/tr>\n
\nAd valorem<\/i> <\/td>\n Per value; a 10% tax is an ad valorem tax, whereas a duty per gallon of gasoline is not. <\/td>\n<\/tr>\n
\nCeteris paribus<\/i> <\/td>\n All else equal e.g. “We would expect, ceteris paribus, that an increase in price would lower quantity demanded.” <\/td>\n<\/tr>\n
\nDe facto<\/i> <\/td>\n For all practical purposes, but not officially. <\/td>\n<\/tr>\n
\nDe jure<\/i> <\/td>\n By law. <\/td>\n<\/tr>\n
\nEx ante<\/i> <\/td>\n Before the event; in anticipation. <\/td>\n<\/tr>\n
\nEx post<\/i> <\/td>\n After the event; in retrospect. <\/td>\n<\/tr>\n
\nPer se<\/i> <\/td>\n Literally; by itself. <\/td>\n<\/tr>\n
\nPrima facie<\/i> <\/td>\n In the first instance; at first glance. <\/td>\n<\/tr>\n
\nQED<\/i> <\/td>\n As has been asked to be shown; done.<\/td>\n<\/tr>\n
\nUltra vires<\/i> <\/td>\n Beyond their power, e.g. the court ruled that Congress were acting ultra vires. <\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Greek letters for economists<\/th>\n<\/tr>\n
\nLower-case<\/b> <\/th>\n Upper-case<\/b> <\/th>\n Pronunciation<\/b> <\/th>\n Economic meaning<\/b> <\/th>\n<\/tr>\n
\n\\(\\alpha\\)<\/td>\nA<\/td>\n Alpha <\/td>\n Capital share of income <\/td>\n<\/tr>\n
\n\\(\\beta\\)<\/td>\nB<\/td>\n Beta <\/td>\n Regression coefficient (econometrics), or rate of time discounting<\/a> (economic theory) <\/td>\n<\/tr>\n
\n\\(\\gamma\\)<\/td>\n \\(\\Gamma\\)<\/td>\n Gamma <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\delta\\)<\/td>\n \\(\\Delta\\)<\/td>\n Delta <\/td>\n Depreciation <\/td>\n<\/tr>\n
\n\\(\\epsilon\\)<\/td>\n E <\/td>\n Epsilon <\/td>\n Elasticity <\/td>\n<\/tr>\n
\n\\(\\zeta\\)<\/td>\n Z <\/td>\n Zeta <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\eta\\)<\/td>\n H <\/td>\n Eta <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\theta\\)<\/td>\n \\(\\Theta\\)<\/td>\n Theta <\/td>\n Type, e.g. \\(\\theta_H\\) might represent a “high type”<\/td>\n<\/tr>\n
\n\\(\\iota\\)<\/td>\n I <\/td>\n Iota <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\kappa\\)<\/td>\n K <\/td>\n Kappa <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\lambda\\)<\/td>\n \\(\\Lambda\\)<\/td>\n Lambda <\/td>\n The Lagrange multiplier<\/td>\n<\/tr>\n
\n\\(\\mu\\)<\/td>\n M <\/td>\n Mu <\/td>\n Mean <\/td>\n<\/tr>\n
\n\\(\\nu\\)<\/td>\n N <\/td>\n Nu <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\xi\\)<\/td>\n \\(\\Xi\\)<\/td>\n Xi <\/td>\n N\/A <\/td>\n<\/tr>\n
\no <\/td>\n O <\/td>\n Omicron <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\pi\\)<\/td>\n \\(\\Pi\\)<\/td>\n Pi <\/td>\n Inflation, or profit (lower-case) or the product of a series (upper-case)<\/td>\n<\/tr>\n
\n\\(\\rho\\)<\/td>\nR<\/td>\n Rho <\/td>\n The coefficient of autoregression <\/td>\n<\/tr>\n
\n\\(\\sigma\\)<\/td>\n \\(\\Sigma\\)<\/td>\n Sigma <\/td>\n Standard deviation (lower-case) or the sum of series (upper-case)<\/td>\n<\/tr>\n
\n\\(\\tau\\)<\/td>\n T <\/td>\n Tau <\/td>\n Tax <\/td>\n<\/tr>\n
\n\\(\\upsilon\\)<\/td>\n \\(\\Upsilon\\)<\/td>\n Upsilon <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\phi\\)<\/td>\n \\(\\Phi\\)<\/td>\n Fy <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\chi\\)<\/td>\n X <\/td>\n Chi (rhymes with `guy’) <\/td>\n Used in statistics <\/td>\n<\/tr>\n
\n\\(\\psi\\)<\/td>\n \\(\\Psi\\)<\/td>\n Psi (like `Si’) <\/td>\n N\/A <\/td>\n<\/tr>\n
\n\\(\\omega\\)<\/td>\n \\(\\Omega\\)<\/td>\n Omega <\/td>\n N\/A <\/td>\n<\/tr>\n<\/table>\n

Some Useful Latin and Greek (PDF)<\/a>
\nSome Useful Latin and Greek (TeX)<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

Latin phrases for economists Phrase Translation A priori Pre-supposed; your “priors beliefs”. Ad infinitum To infinity; and so on. Ad valorem Per value; a 10% tax is an ad valorem tax, whereas a duty per…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,8],"tags":[],"class_list":["post-795","post","type-post","status-publish","format-standard","hentry","category-economics","category-latex"],"_links":{"self":[{"href":"https:\/\/hargaden.com\/enda\/wp-json\/wp\/v2\/posts\/795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hargaden.com\/enda\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hargaden.com\/enda\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hargaden.com\/enda\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hargaden.com\/enda\/wp-json\/wp\/v2\/comments?post=795"}],"version-history":[{"count":0,"href":"https:\/\/hargaden.com\/enda\/wp-json\/wp\/v2\/posts\/795\/revisions"}],"wp:attachment":[{"href":"https:\/\/hargaden.com\/enda\/wp-json\/wp\/v2\/media?parent=795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hargaden.com\/enda\/wp-json\/wp\/v2\/categories?post=795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hargaden.com\/enda\/wp-json\/wp\/v2\/tags?post=795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}