I have five economic terms, will someone explain them to me?

Question

So these below are the terms i do not know. If someone can give me a brief defenition , well thanks:

Discreet Quantities
Discreet Variables
Continuous Variables
Saving Rate
Price Theory

ok i didn't find it in text books, neither online. Maybe they are referred to other terms

Answer 1

Discreet variables are variables that can take a finite number of values (e.g: number of children born in a year, number of cars bought in a year,...), continuous variables can take an infinite number of values (usually because you can "split" values to the infinite e.g: GDP, size,... as you can always add decimals to find other values).

A saving rate is the ratio of total saving on (usually) GDP.

Price theory is the theory that explain prices!
There are actually several competing theories, based on money supply, income distribution, or others.

Answer 2

Discrete means separate or distinct, as opposed to continuous, so I wonder if this is what you mean, it seems relevant to quantities and variables. I would usually only use discreet to mean circumspect or prudent.

Answer 3

check this links:

http://economics.about.com/cs/economicsglossary/a/d.htm
http://www.frbsf.org/tools/glossary/glossReg.html

Answer 4

dude, go look in your textbook.