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

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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  • Educational Resource: Ideal for students, educators, and professionals seeking to deepen their knowledge of economics.

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Stay updated with the latest additions to our lexicon and expand your economic knowledge. Whether youโ€™re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.


technical efficiency
An exploration of the concept of technical efficiency in economics, its implications, and distinctions from other forms of efficiency.
Technical Progress
Improvement in knowledge about techniques for production, allowing for more output or efficiency.
Technical Standard
A specification of the design of particular goods or components to ensure compatibility.
Technical Substitution
Examination of technical substitution in economic analysis, including elasticity and marginal rate of technical substitution concepts.
Technology - Definition and Meaning
The body of knowledge about materials, techniques of production, and operation of equipment, based on the application of science.
Technology Gap
A definition and explanation of the concept of the technology gap, the difference in techniques available for production between countries.
Technology Transfer
The transfer of techniques from countries where they are more advanced to other countries where they are less advanced.
Temporary Assistance to Needy Families
An overview of TANF, the US federal assistance program for low-income families with dependent children.
Temporary Equilibrium
An overview of the concept of temporary equilibrium in economic models and its implications for dynamic economies.
Tender
A bid to undertake a project encompassing information on the bidder, project approach, and pricing.
Tender Issue
Understanding tender issue in economics, its meaning and context within Treasury bills bidding and issuance.
Tennessee Valley Authority (TVA)
The Tennessee Valley Authority (TVA) is a US public corporation established in 1933 as part of the New Deal, focusing on power supply, flood control, natural resource development, tourism, and training.