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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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.


Balance
An extensive overview of the term 'balance' and its different contextual applications within the field of economics, such as external balance, internal balance, and invisible balance.
Balance of Trade
A comprehensive entry on the concept of balance of trade in economics, outlining its definition, historical context, analytical frameworks, and more.
Balance Sheet - Definition and Meaning
Detailed dictionary entry for the economic term 'Balance Sheet,' including its definition, background, and major analytical frameworks.
Balance-of-Payments Crisis
An in-depth exploration of balance-of-payments crisis, its causes, remedies, and implications in various economic frameworks.
Balanced Budget - Definition and Meaning
A balanced budget occurs when total government receipts and expenditure are equal, ensuring no additional government borrowing is required.
Balanced Growth Path
An economic equilibrium where major aggregate variables grow at a consistent rate over time.
Balances with the Bank of England
Understanding balances held at the Bank of England by UK commercial banks used for settling interbank transactions.
Balancing Item
A balancing item in economics refers to an entry made to reconcile differences between two figures that should, in theory, be identical. This term is often used in statistical accounting.
Baltic Free Trade Agreement
Baltic Free Trade Agreement - A free trade agreement between Estonia, Latvia, and Lithuania established in 1993 and remaining in place until the three countries joined the European Union in 2004.
Banco del Sur
The 'Bank of the South,' a Latin American development bank established to provide an alternative to the IMF and World Bank.