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.

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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.


Hyperbolic Discounting
An assumption on the rate of time preference reflecting a bias towards present rewards, showing a declining discount rate as the time horizon increases.
Hyperinflation
A comprehensive look at hyperinflation, its definition, historical context, and its implications on the economy.
Hypothecation
An analysis of hypothecation, originally a pledge of property as collateral without possession transfer, and its modern tax-associated context.
Hypothesis Testing
An examination of hypothesis testing, a foundational algorithm in statistical inference used for evaluating theoretical claims.
Hysteresis in Economics
Exploration of the concept of hysteresis and its implications in economic dynamics and behavioral economics.
If and Only If (IFF)
Explanation of the logical equivalence between two statements denoted as 'If and Only If' (IFF)
Illiquidity
The property of an asset that is not easily converted into cash without a significant price discount.
Immigration - Definition and Meaning
An overview of immigration as it pertains to movement of foreign nationals for the purpose of residency
Immiserizing Growth
Growth of national or regional production which actually decreases welfare.
Immobile Factors
An examination of factors immobile within the realm of economics, their causes, and implications.
Imperfect Competition
A market situation in which some participants have the ability to influence prices.
Implicit Contract
An understanding between parties on acceptable forms of behaviour that is not part of any formal agreement.