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.

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.

Join Our Learning Community

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.


Strike Price
Economic definition and meaning of the term 'Strike Price'
Annuity Rate
An overview of the annuity rate, including its background, major frameworks, and related concepts.
Domestic Product - Definition and Meaning
Overview of the economic term 'domestic product,' its definition, historical context, and analytical frameworks.
Employers’ Association
A body representing employers in some sector of the economy, often managing collective bargaining and lobbying efforts.
Supernormal Profit
Understanding Supernormal Profit: Definition, Background, and Implications in Economics
Fisher's Ideal Price Index
An economic indicator calculated as the geometric mean of the Laspeyres and Paasche price indices for measuring price changes.
Official Financing
The official element in the balance of payments used to address discrepancies in a country’s current and capital account balances.
Offshore Fund
A descriptive entry providing an in-depth understanding of offshore funds, their contexts, and implications
Strategic Interaction
A comprehensive examination of strategic interaction where the decisions of economic agents affect each other's payoffs, commonly analyzed through game theory.
Bankers Automated Credit System
The system by which depositors instruct their banks to make payments to named accounts, widely used for payments such as dividends and wages.
Compensating Variation
Exploration of compensating variation, including definitions, historical context, and major theoretical frameworks.