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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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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Relative Standard Error
A unit-free measure of the reliability of a statistic, defined by the absolute value of the ratio of the standard error to the sample estimate of the statistic, expressed as a percentage.
Relief
An economic term that involves various forms of financial assistance or support, often in the context of debt relief or mortgage interest relief.
Reneging
The act of going back on a promise, contract, or bargain in economic contexts.
Renewable Resources
Natural or man-made resources that are replenishable at least as fast as they are consumed or used up
rent
A comprehensive examination of rent within economic frameworks, including land rent, quasi-rent, rental payments, and rent of ability.
Rent Control
An examination of rent control policies, their implications, and their historical context in economics.
Rent-Seeking
Definition and exploration of rent-seeking behaviors in economics.
Rented Housing
Housing wherein the occupant pays rent to the owner for residence use.
Repeated Game
A game that is repeated a number of times in future periods, influencing strategy and reputation considerations among participants.