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

šŸ“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.

šŸ”— Authoritative References: Each entry includes references to authoritative books, official publications, and government sites, ensuring the information is reliable and accurate.

šŸ§  Knowledge Test Quizzes: Enhance your understanding with quizzes designed for each dictionary entry. Test your knowledge and track your progress seamlessly.

šŸŒ 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 youā€™re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.


Bilateral Monopoly
A market situation wherein a single buyer faces a single seller in negotiations for price and quantity.
Bilateral Trade
A situation where trade between two countries must balance or be financed directly between them.
Bill
Definition and meaning of a bill as a short-dated security maturing in under a year
Binomial Pricing
A method of valuation based on the assumption that asset prices follow binomial distributions, particularly useful for valuing options.
Biodiversity Index
A comprehensive guide to understanding the biodiversity index, its significance, and its application in economics.
Black Market
A comprehensive analysis of the black market, including its definition, historical context, and major analytical frameworks in economics.
Black Monday
Black Monday 19 October 1987, the day on which world stock markets collapsed.
Black Swan
A rare, unforeseen event with significant impact, as articulated by Nassim Nicholas Taleb.
Blackā€“Scholes Equation
A fundamental equation in financial economics for valuing options, derived from a model of continuous trading and used to remove arbitrage opportunities.