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.
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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.
A structured investment vehicle (SIV) is an investment company (often affiliated with a bank) designed to profit by borrowing funds at low costs and investing in securities with higher returns, such as mortgage-backed bonds and collateralized debt obligations.
Student’s t-distribution is a probability distribution used in statistics to estimate population parameters when the sample size is small.
Empirical observations used as a starting point for the construction of economic theories.
An exploration of sub-prime mortgages, including its definition, significance, and implications in economics.
The practice of principal suppliers sourcing inputs from independent firms to gain specialized skills and flexibility.
Definition, historical context, and analytical frameworks for understanding the concept of a subgame in economics and game theory.
A detailed exploration of Subgame Perfect Equilibrium in the context of sequential games in economics.
The principle that decisions on policy should be taken at the most decentralized level consistent with making them effective.
A firm owned or controlled by another firm, with varying degrees of decision-making autonomy.
Credit provided on terms below normal market rates to encourage specific activities or to benefit particular groups.
Government payments to consumers or producers affecting the factor cost.
The lowest level of wages that allows workers to survive.