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.

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.

Join Our Learning Community

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.


Bear
A trader who expects prices to fall in stock or commodity markets.
Budget
A comprehensive examination of the term 'budget' with a specific focus on its meaning, usage, and theoretical implications in economics.
Causality
An exploration of causality, focusing on Granger causality within econometrics
Collinearity
Collinearity refers to the linear relationship between two or more independent variables within a multiple regression model.
Community Charge
An overview of the Community Charge system of local taxation that was implemented in the UK
Concentration Ratio
A measure to determine the market concentration by the sum of the market shares of a given number of the largest firms within an industry.
Efficiency Frontier
Exploring the Efficiency Frontier and its significance in economics, closely related to the Production Possibility Frontier.
Equity-Linked Assurance
A system of life insurance where the benefits to be received are linked to the level of an index of equity share prices.
Fixed Factors
Definition and meaning of fixed factors in economics, including their role in various time horizons of production.
Forward Exchange Rate
Exchange rate quoted for delivery and payment on a specified future date.
Incidence of Taxation
The distribution of the burden of taxation between different economic agents and its impact on welfare
Index Number
Understanding index numbers as indicators showing the relative size of variables based on a chosen base value, typically representing averages or aggregates across sectors.