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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  • 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 youโ€™re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.


Customs Duty
An entry outlining the meaning, historical context, analytical frameworks, and related concepts of customs duty, a tax on imports.
Customs Union
A trade agreement by which a group of countries allow free trade among themselves while maintaining a common external tariff on trade with non-members.
Cut-throat Competition
An in-depth look at the concept of cut-throat competition in economics, its implications, and how it is analyzed in various economic theories.
Cuts in Expenditure
Exploring the concept of cuts in expenditure, particularly in the context of government spending
Cycle
An in-depth exploration of cyclical processes in economics, encompassing various types such as business cycles, credit cycles, and more.
Cyclical Adjustment
An analysis technique adjusting economic figures to reflect trend or normal activity levels.
Cyclically Adjusted Budget Deficit
A calculation of what the government's budget deficit would be under normal economic conditions, assuming stable rules and rates for spending and taxes.
Cyclically adjusted PSBR
A calculation of what the Public Sector Borrowing Requirement (PSBR) would be at a normal level of economic activity.
Data Mining
Extraction of useful information from large data sets, employing automated techniques to find patterns and anomalies.
Data Smoothing
Elimination of small-scale variation, or noise, from data to reveal important patterns.
Day-to-Day Money
A loan made for one business day, the shortest term loan that earns interest. Also known as overnight money.
DDD - Definition and Meaning
An exploration of 'DDD', a credit rating indicating that servicing of a security is in default or in arrears.