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.

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đź“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.

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

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

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Natural Assets
An examination of natural assets, encompassing natural resources such as land, water, air, biosphere, ecosystem, and minerals.
Natural Experiment
An examination of natural experiments, which leverage exogenous changes to estimate the effects of a policy or variable shift.
Natural Growth Rate
The growth rate of national income which maintains a constant unemployment rate, factoring in labor force growth and technical progress.
Natural Monopoly
A comprehensive overview of the concept of natural monopoly in economics, its implications, and the historical context surrounding it.
Natural Rate of Interest
The rate of interest which would be compatible with a stable level of economic activity in an economy with a constant price level.
Natural Rate of Unemployment
An examination of the natural rate of unemployment, its definition, historical context, and analytical frameworks in various economic schools of thought.
Natural Wastage
An examination of the phenomenon where employees leave the workforce through retirement or personal reasons, facilitating workforce reduction without redundancies.
Near Money
Securities and financial instruments highly liquid and nearly equivalent to money.
Necessary and Sufficient Conditions
Conditions that define the relationship between cause and effect in economic propositions, explaining when a condition must be met, and when its fulfillment guarantees an outcome.