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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Definitions
Equal Employment Opportunity Commission
Equal Employment Opportunity Commission EEOC Labor Economics Anti-Discrimination Civil Rights Act
A detailed examination of the Equal Employment Opportunity Commission, its historical context, functions, and relevance in economics and the labor market.
Read more about Equal Employment Opportunity Commission.
Definitions
Equal Pay
Labor Economics Employment Law Gender Equality Workplace Economics
Definition and meaning of equal pay in employment, highlighting legislation and general principles.
Read more about Equal Pay.
Definitions
Equal Sacrifice
Taxation Equity Public Finance
The principle that the tax burden should be allocated across individuals so that each makes an equal sacrifice.
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Definitions
Equality and Human Rights Commission
Law Equality Human Rights UK
An independent non-departmental UK public body established to eliminate discrimination, reduce inequality, protect human rights, and ensure everyone has a fair chance to participate in society.
Read more about Equality and Human Rights Commission.
Definitions
Equalization Grant
Public Finance Fiscal Policy Economic Equality
A grant provided by central government to address income disparities among local authorities by compensating those with lower taxable capacities.
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Definitions
Equalizing Wage Differential
Labor Economics Wage Theory Compensation
A wage differential necessary to compensate workers for non-pecuniary disadvantages of a job.
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Definitions
Equilibrium
Economics Equilibrium Economic Theory
An analysis of equilibrium concepts, their significance, and applications in various economic theories.
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Definitions
Equilibrium Price
Economics Microeconomics Market Dynamics
Equilibrium price refers to the price at which the quantity of a good supplied is equal to the quantity demanded.
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Definitions
Equilibrium Quantity
Economics Market Equilibrium Microeconomics
The quantity of a good supplied and demanded when the market price has reached a level where supply equals demand.
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Definitions
Equities
Equities Finance Stock Market
The ordinary shares (UK) or common stock (US) of companies, embodying ownership and claims to the residual profits.
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Definitions
Equity Capital
Economics Finance Equity
Definition and meaning of equity capital in finance: Company finance raised in exchange for a share of ownership.
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Definitions
Equivalent Variation
Economics Utility Consumer Theory
The amount of additional income required to reach the utility level achievable if the economic environment changes.
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Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.