Commonly Used Abbreviations in My Lectures By: Andy Hira Updated: Apr. 10, 2007 Note: My lecture slides are meant to help you follow along with the discussion in class. They are not meant to substitute for following or attending class, nor will they make much sense if you simply read them without your own notes and having read the materials covered. Most of the abbreviations are commonly used terms in Ecos, ones that you would learn in an introductory course. BOP Balance of Payments D demand Dec-making decision-making Emp Employment Fin finance; financial system FP fiscal policy G Government spending Govts governments ISI Import Substituting Industrialization K capital L Labour L-t long-term LA Latin America Ms Imports MP monetary policy Pol political, policy SOEs state-owned enterprises s-t short-term UnE unemployment W world Xs exports XR exchange rate