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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  • 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.

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Stay updated with the latest additions to our lexicon and expand your economic knowledge. Whether you’re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.

Definitions
Economic System
Economic System Economics Capitalism Socialism Mixed Economy Traditional Economy
An analysis of the distinct frameworks an economy can adopt, affecting production, distribution, and consumption.
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Definitions
Economic Theory
Economics Economic Theory Models Mathematics Economic Research
The branch of economics focused on the construction of models and mathematical methods for their analysis.
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Definitions
Economic Union
Economic Union International Agreement Common Market Economic Policy
An international agreement for a common market and harmonization of certain economic policies.
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Definitions
Economically Active Population
Population Labour Force Economics National Accounts
The number of people during a specified time period who supply labour for the production of goods and services.
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Definitions
Economics - Definition and Meaning
Economics Social Science Resources
A comprehensive overview of Economics and its multifaceted dimensions.
Read more about Economics - Definition and Meaning.
Definitions
Economies of Scale
Economies of Scale Cost Advantage Production Efficiency Indivisibilities Division of Labour
The factors which make it possible for larger organizations or countries to produce goods or services more cheaply than smaller ones.
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Definitions
Economies of Scope
Economies of Scope Economics Cost Efficiency
The benefits and cost savings that arise from engaging in related activities within a business.
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Definitions
economy
Economy Economic System Goods and Services Production Trade Consumption
The system of activity connected with the production, trade, and consumption of goods and services of a region, country, or area.
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Definitions
Edgeworth Box
Edgeworth Box Resource Allocation Pareto Efficiency General Equilibrium
A graphical device for depicting resource allocation in a two-consumer, two-good economy.
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Definitions
Effective Demand
Economics Macro-Economics Demand Theory Keynesian Economics
An economic concept representing the planned expenditure by people who have the means to pay.
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Definitions
Effective Exchange Rate
Effective Exchange Rate Exchange Rates Trade Weights Currency Valuation
A country's exchange rate calculated as a weighted average of its bilateral nominal exchange rates against other currencies.
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Definitions
Effective Protection
Economics Tariffs Trade Policy
A detailed examination of the concept of effective protection in economics, its definition, historical context, and analytical frameworks.
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Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.