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.

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

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🌍 Global Relevance: While our focus is on providing detailed economic definitions, the referenced materials ensure global relevance and context.

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Deductibles
The part of any insured loss which has to be borne by the insured party; also known as an excess in the UK.
Defence Spending
Understanding the economic implications and nuances of defence spending, also known as military spending, by governments.
Defined Contribution
Provision of a pension scheme where contributions are fixed and benefits are determined by the pension fund accumulated
Deflation
Economics term referring to a progressive reduction in the price level.
Deflationary Gap
An estimate of the difference between the level of effective demand required for a normal level of economic activity at any time, and the actual level during a recession.
Deflator
An index used to adjust nominal data to real data by removing or accounting for inflation effects, typically in the context of GDP calculations.
Degrees of Freedom
Definition and analysis of the concept of degrees of freedom in economics and statistics
Deindustrialization
The tendency for the industrial sector to account for a decreasing proportion of gross domestic product and employment.
Deintellectualization
The process of ‘dumbing down’ in education and society characterized by reduced emphasis on quantitative subjects and informed arguments.
Delors Report
A foundational report proposing a single currency and common monetary policy for the European Community.