Economics Terms Lexicon - Authoritative Dictionary and Knowledge Tests

About Economics Terms Lexicon

Welcome to EconomicsTermsLexicon.com! Our site offers a comprehensive and authoritative dictionary of economic terms, providing detailed definitions and explanations. Each dictionary entry references books, official publications, and government websites to ensure accuracy and reliability.

Features

๐Ÿ“š Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

๐Ÿ”— Authoritative References: Each entry includes references to authoritative books, official publications, and government sites, ensuring the information is reliable and accurate.

๐Ÿง  Knowledge Test Quizzes: Enhance your understanding with quizzes designed for each dictionary entry. Test your knowledge and track your progress seamlessly.

๐ŸŒ Global Relevance: While our focus is on providing detailed economic definitions, the referenced materials ensure global relevance and context.

Why Choose Economics Terms Lexicon?

  • Accuracy and Reliability: With references to official publications and government sites, you can trust the information provided.
  • Interactive Learning: Our quizzes offer an engaging way to reinforce your learning and test your understanding of each term.
  • Educational Resource: Ideal for students, educators, and professionals seeking to deepen their knowledge of economics.

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Stay updated with the latest additions to our lexicon and expand your economic knowledge. Whether youโ€™re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.


Equal Employment Opportunity Commission
A detailed examination of the Equal Employment Opportunity Commission, its historical context, functions, and relevance in economics and the labor market.
Equal Pay
Definition and meaning of equal pay in employment, highlighting legislation and general principles.
Equal Sacrifice
The principle that the tax burden should be allocated across individuals so that each makes an equal sacrifice.
Equality and Human Rights Commission
An independent non-departmental UK public body established to eliminate discrimination, reduce inequality, protect human rights, and ensure everyone has a fair chance to participate in society.
Equalization Grant
A grant provided by central government to address income disparities among local authorities by compensating those with lower taxable capacities.
Equalizing Wage Differential
A wage differential necessary to compensate workers for non-pecuniary disadvantages of a job.
Equilibrium
An analysis of equilibrium concepts, their significance, and applications in various economic theories.
Equilibrium Price
Equilibrium price refers to the price at which the quantity of a good supplied is equal to the quantity demanded.
Equilibrium Quantity
The quantity of a good supplied and demanded when the market price has reached a level where supply equals demand.
Equities
The ordinary shares (UK) or common stock (US) of companies, embodying ownership and claims to the residual profits.
Equity Capital
Definition and meaning of equity capital in finance: Company finance raised in exchange for a share of ownership.
Equivalent Variation
The amount of additional income required to reach the utility level achievable if the economic environment changes.