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.


Defined Benefit
A provision of a pension scheme in which the benefits to be received by the pensioner are predetermined and do not depend on the performance of the pension fund.
Destructive Competition
A process of competition that drives some existing firms out of the market.
Distributive Judgement
Definition and concept of distributive judgement in economics, associated with equity.
Limit Pricing
A strategy wherein an incumbent firm sets a price low enough to deter new firms from entering the market.
Linear Regression
A detailed exploration of linear regression, its methodologies, and its application in econometrics.
New International Economic Order
Proposals to improve the position of less developed countries by changing their terms of trade and borrowing arrangements.
Stag in Economics
An overview of the term 'stag' in economics, referring to investors who subscribe to new issues of shares with the aim of selling them quickly for a profit.
Staple Product
An essential product that forms the basis of an area's or country's economy, or a consistently consumed good that fulfills basic needs.
Sustained Yield
A level of output which can be continued indefinitely, without impairing the future productivity of any natural resources used.