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

📚 Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

🔗 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.

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  • 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.

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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.


Business Ethics
The standards and principles businesses observe in their dealings beyond compliance with the law.
Business Rate
A UK tax on business premises used to finance local authorities, now levied at a uniform national rate.
Buyer
Definition and meaning of the term 'buyer' within an economic context.
Buyer Concentration
A measure of market power on the demand side of a market, indicating the proportion of total market purchases by the largest buyers.
Buyer's Market - Definition and Meaning
A comprehensive look at the term 'buyer's market' in economics, its implications, and its contextual significance.
By-Product - Definition and Meaning
A comprehensive overview of the term 'by-product' in the context of economics, detailing its definition, relevance, and implications.
bygones
Past events which play no part in rational present decision-making in the context of economics.
c.i.f. - Cost, Insurance, and Freight
An overview of the commercial term 'c.i.f.' which stands for Cost, Insurance, and Freight, indicating the seller's responsibility in international shipping.
Cairns Group
The Cairns Group, a coalition of twenty agricultural exporting countries formed to advocate for the liberalization of agricultural trade.
Calibration
Identification of the numerical values of the parameters in an economic model by various informed methods.
Call Money
Call money refers to money lent in the London money market that is repayable at very short notice.
Call Option
A comprehensive explanation of the call option, its types, valuation methods, and context in economics and finance.