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.

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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.

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🌍 Global Relevance: While our focus is on providing detailed economic definitions, the referenced materials ensure global relevance and context.

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Bottom Line
The profit or loss on an activity, typically shown at the foot of financial statements.
Bounded Rationality
An examination of the concept of bounded rationality and its significance in economic theory.
Box–Cox Transformation
An overview and analysis of the Box–Cox transformation, its definition, application, and relevance in economics.
Box–Jenkins Approach
A method for identification, estimation, and diagnostic checking of autoregressive integrated moving average (ARIMA) models in time series analysis.
Boycott
An examination of the term 'boycott' in economic contexts, its origins, applications, and significance
BP Curve
A curve depicting balance of payments equilibrium in the IS–LM model.
Brain Drain
A pejorative description of the tendency for talented individuals to migrate from poorer countries to richer countries in search of better employment opportunities and living standards.
Branch Banking
The banking system under which banks are allowed to have branches. Branch banking in some countries, including the United States, has sometimes been restricted to reduce the monopoly power of banks.
Brand
A term used to identify the maker or distributor of a good, with historical roots and significant economic implications.
Brand Recognition
Understanding the concept of Brand Recognition in Economics and Marketing.
Brandt Report
The report of the Independent Commission on International Development Issues aimed at fostering North-South cooperation, chaired by Willy Brandt, and published in 1980.
Break-up Value
The sum a business could realize by ceasing operation entirely and selling off its assets.