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
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.
🧠Knowledge Test Quizzes: Enhance your understanding with quizzes designed for each dictionary entry. Test your knowledge and track your progress seamlessly.
🌍 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 you’re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.
The amount of output per unit of input achieved by a firm, industry, or country.
An organization of people with particular professional qualifications, aimed at maintaining and monitoring standards within a specific profession.
An excess of the receipts over the spending of a business during any period, including various financial transactions and asset valuations.
An account of an organization’s receipts and spending over a period, providing insights into profits and losses.
A system where employees receive a share of the profits of their firm, enhancing motivation and interest in the company's profitability.
A tariff set at a rate so high that no trade in the good concerned can take place.
A method of estimation of the causal effect of a treatment, or a policy intervention, in observational data.
The tendency of individuals to spend a portion of their disposable income on consumption.
The proportion of disposable income which individuals do not desire to spend on consumption.
Understanding the concept of property, specifically real property, in economics and law.
An exploration of the role, risks, and impact of property developers in the real estate market.
Lending to finance purchases of property, often using the property as collateral.