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Cryptic Constructs of Economic Theory
Challenging puzzle for experienced crossword solvers
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Across
  • 1. Economist behind the ‘Law of Unintended Consequences’ (abbr. last name)
  • 2. Ease of converting assets to cash quickly
  • 3. Method drawing from diverse economic schools
  • 4. Gradually paid off debt or expense allocation
  • 5. Hypothetical tax on negative externalities (think Pigouvian model)
  • 6. Theory emphasizing money supply’s role in policy
  • 10. Measure of responsiveness in supply or demand
  • 14. Regulatory approval restricting market entry
  • 17. Principle describing efficiency and wealth distribution
  • 18. Government payment supporting producers or consumers
Down
  • 7. Collusive group controlling prices
  • 8. Ottoman reforms with fiscal and economic aims
  • 9. Unaccounted cost or benefit affecting outside parties
  • 11. Framework shaping economic thought or models
  • 12. Economic system based on private ownership and markets
  • 13. Market dominated by a few powerful sellers
  • 15. Author of ‘The Theories of Inflation,’ subtly referenced
  • 16. Inflation driven by rising production expenses

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