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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Definitions
Constant Prices
Economics Constant Prices Real Activity Inflation Adjustment
Valuing economic output using a constant set of prices over time to measure real activity
Read more about Constant Prices.
Definitions
Constant Returns to Scale
Economics Production Theory Returns to Scale
An economic condition where an equal proportional increase in all inputs leads to an equal proportional increase in outputs.
Read more about Constant Returns to Scale.
Definitions
Constrained Optimum
Optimization Lagrangian Economics
The solution of a constrained optimization problem where one or more constraints are binding, often involving maximization or minimization of an objective function.
Read more about Constrained Optimum.
Definitions
Constraint
Economics Constraint Resource Limitations
A condition that must be satisfied for any economic activity to be feasible.
Read more about Constraint.
Definitions
consultant
Consultant Business Consultancy Management Advisory
An outside specialist hired by an enterprise to advise on particular technical, commercial, or legal aspects of its activities.
Read more about consultant.
Definitions
Consumer
Consumer Economics Microeconomics Consumption
A purchaser of goods and services for personal satisfaction or household use.
Read more about Consumer.
Definitions
Consumer Behaviour
Consumer Behaviour Economic Theory Utility Function Satisficing Advertising
An exploration of the way consumers choose how to use their incomes.
Read more about Consumer Behaviour.
Definitions
Consumer Borrowing
Economics Consumer Debt Finance Borrowing
Understanding the concept and dynamics of consumer borrowing in economics.
Read more about Consumer Borrowing.
Definitions
Consumer Confidence
Consumer Confidence Macroeconomics Economic Indicators
The degree of optimism that consumers have regarding the current and expected state of the economy, which influences their spending and saving decisions.
Read more about Consumer Confidence.
Definitions
Consumer Credit
Consumer Credit Economic Theory Installments Credit Cards
Exploration of consumer credit, its mechanisms, history, and significance in economic theory.
Read more about Consumer Credit.
Definitions
Consumer Debt
Consumer Debt Economics Finance Credit
In-depth analysis and understanding of consumer debt as an economic term
Read more about Consumer Debt.
Definitions
Consumer Durables
Economics Consumer Goods Durables
Long-lived goods bought for final consumption, expected to be used over a period longer than a year. Examples include private cars, boats, and domestic items such as furniture and appliances.
Read more about Consumer Durables.

Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.