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
๐ Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.
๐ Authoritative References: Each entry includes references to authoritative books, official publications, and government sites, ensuring the information is reliable and accurate.
๐ง Knowledge Test Quizzes: Enhance your understanding with quizzes designed for each dictionary entry. Test your knowledge and track your progress seamlessly.
๐ 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.
Stay updated with the latest additions to our lexicon and expand your economic knowledge. Whether youโre preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.
The currency of a country heavily dependent on oil exports. The exchange rate of a petro-currency is strongly influenced by the world price of oil.
Economic surpluses from oil-exporting countries invested abroad in US dollar-denominated securities.
A flexible approach to retirement characterized by a gradual decrease in work commitments, often through part-time or short-term contracts, rather than an abrupt exit from the labor force.
An in-depth exploration of the Phillips Curve, illustrating the inverse relationship between inflation and unemployment, differences in short-run and long-run analyses, and the role of expectations.
Capital in the form of physical goods, including fixed capital, stocks, and work in progress.
An exploration of the meaning, relevance, and implications of phytosanitary measures in economics and trade.
The procedure during strikes of placing strikers outside workplaces to inform, persuade, and potentially dissuade other stakeholders from crossing the picket line.
The idea that governments can promote economic development by selecting particular projects for financial and technical support.
The concept of the Pigou effect and its implications in economic theory.
A tax levied to correct market failures caused by externalities.
Detailed explanation of placing in the context of finance and economics.
An economy in which the government takes all major production and distribution decisions.