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
๐ Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.
๐ Authoritative References: Each entry includes references to authoritative books, official publications, and government sites, ensuring the information is reliable and accurate.
๐ง Knowledge Test Quizzes: Enhance your understanding with quizzes designed for each dictionary entry. Test your knowledge and track your progress seamlessly.
๐ 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.
Stay updated with the latest additions to our lexicon and expand your economic knowledge. Whether youโre preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.
International risk-based capital adequacy standards established for banks in 1988 by the Basel Committee on Banking Supervision.
An entry explaining Basel II, the second Basel Agreement, aimed at creating an international standard on capital adequacy.
An economic projection illustrating how the economy would develop if existing trends and policies continue unchanged.
Measurement unit for changes or differences in interest rates, equal to 1 per cent of 1 percentage point.
A method of production where output emerges in discrete quantities, ensuring uniform pattern and quality for specific quantities, but variable characteristics across different orders.
A game theory concept illustrating gains from coordination and the difficulties in achieving it
A foundational relationship in probability theory that connects conditional probabilities with marginal probabilities.
An approach to estimation and inference in econometrics using probability distributions to express uncertainty about parameters.
An approach to hypothesis testing that assesses which of two hypotheses, the null (H0) or the alternative (H1), is more likely to be correct, considering prior knowledge.
An explanation of the BBB rating, a medium risk classification by Standard & Poor's for securities.
A stock market in which prices are expected to fall.
A security where the person or organization holding the certificate of title is entitled to receive any interest and redemption payments.