上じょう級きゅう財ざい

じょ

う

きゅ

う

ざ

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Meanings

1

noun

superior goods

Economics term for goods whose demand increases more than proportionally as income rises; contrast with inferior goods.

above, up

級class, rank, grade

財property, money, wealth

下か級きゅう財ざい
Inferior goods: demand decreases as income rises, opposite of 上級財.
正せい常じょう財ざい
Normal goods: demand increases with income, but 上級財 specifically refers to goods with income elasticity greater than 1.

Compound of 上級 (high class, advanced) and 財 (goods, wealth). A modern economics term.