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.
The excess of the total harm done by a tax over the amount of revenue raised.
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.
A process of competition that drives some existing firms out of the market.
Definition and concept of distributive judgement in economics, associated with equity.
An exploration of food subsidies, their role in the economy, and their broader socio-economic impacts.
A strategy wherein an incumbent firm sets a price low enough to deter new firms from entering the market.
A detailed exploration of linear regression, its methodologies, and its application in econometrics.
Proposals to improve the position of less developed countries by changing their terms of trade and borrowing arrangements.
Detailed explanation of the Public Sector Borrowing Requirement 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.
An essential product that forms the basis of an area's or country's economy, or a consistently consumed good that fulfills basic needs.
A level of output which can be continued indefinitely, without impairing the future productivity of any natural resources used.