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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Economic Meltdown
A worsening economic situation analogous to the meltdown of a nuclear reactor; characterized by self-sustainability and danger.
Economic Model
A theoretical construct designed to analyse the behaviour of economic agents using quantitative and logical methods.
Economic Model
A simplified system used to simulate some aspects of the real economy, essential for understanding economic phenomena and policy implications.
Economic Planning
A comprehensive entry on the concept of economic planning, covering definitions, historical contexts, major analytical frameworks, and more.
Economic Policy - Definition and Meaning
A comprehensive overview of economic policy, its components, and analytical frameworks used to regulate economic activity.
Economic Policy Target
An aim of economic policy encompassing objectives such as high employment levels, sustainable growth, and stable inflation rates.
Economic Profit
An in-depth look at the concept of economic profit and its implications in various economic theories and practices.
Economic Recovery Tax Act of 1981
US legislation enacted to encourage economic growth through reductions in individual income tax rates, incentives for small businesses, and other measures.
Economic Rent
A payment for the services of an economic resource above what is necessary for it to remain in its current use.
Economic Sanctions
Comprehensive entry on the definition, historical context, and analysis of economic sanctions
Economic Shock
An exploration into the concept of economic shock, a term describing unexpected events that impact the economy, differentiating between permanent and transitory shocks.