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

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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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Definitions
Package of Policies
Economic Policy Policy Instruments Government
An overview of the simultaneous implementation of multiple policy measures by governments to minimize side-effects and address uncertainty about their impacts.
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Definitions
Paid-Up Capital
Economics Finance Business
The part of a company's authorized capital that has actually been paid by shareholders.
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Definitions
Paradox of Thrift
Economics Savings Consumption Investment Macroeconomics Paradox
An economic paradox that illustrates how an increase in the ex ante propensity to save can lead to a decrease in ex post savings and investment in a depressed economy.
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Definitions
Paradox of Voting
Voting Behavior Public Choice Theory Economic Paradoxes
An observation that voter turnout is inconsistent with rational decision-making despite the low probability of an individual vote altering election outcomes.
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Definitions
Parameter
Parameter Economic Model Decision-Making Comparative Statics
In an economic model, a quantity which is taken as given by an economic agent in their decision-making process.
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Definitions
Pareto Distribution
Pareto Distribution Probability Distribution Inequality Economics
Understanding the Pareto Distribution in Economics
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Definitions
Pareto Efficient
Economics Pareto Efficiency Efficient Allocation
A comprehensive examination of Pareto efficiency and its implications in economic allocation
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Definitions
Paris Club
Economics International Finance Debt Management
A group of officials from major creditor countries that provide financial services to debtor countries.
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Definitions
Part-Time Work
Labor Economics Employment Work Hours
Working for fewer than the regular full-time hours per week, shaped by both employee and employer preferences.
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Definitions
Partial Adjustment
Economics Adjustment Decision-Making Uncertainty Costs
An overview of partial adjustment in economic decision-making, including its rationale and implications.
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Definitions
Partial Autocorrelation Coefficient
Econometrics Time Series Analysis Statistics
The definition and meaning of Partial Autocorrelation Coefficient in econometrics and time series analysis.
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Definitions
Partial Correlation
Partial Correlation Statistics Econometrics Linear Relationship
A measure of the degree of linear relationship between two variables after the effect of other variables has been removed.
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Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.