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.

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 you’re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.

Definitions
First-Degree Price Discrimination
Price Discrimination Economics Consumer Surplus Producer Surplus
An overview of first-degree price discrimination, its definitions, concepts, and effects in economic contexts.
Read more about First-Degree Price Discrimination.
Definitions
First-in, First-out (FIFO)
Accounting Inventory Management Economics
Accounting convention assuming first-use of oldest materials in stock.
Read more about First-in, First-out (FIFO).
Definitions
First-Mover Advantage
Game Theory Competitive Advantage Business Strategy
The strategic advantage to being the first to act in various economic contexts.
Read more about First-Mover Advantage.
Definitions
First-Price Auction
Auction Theory Auctions Market Mechanisms Economics
An auction format where sealed bids are submitted, and the highest bidder wins the item at their bid price.
Read more about First-Price Auction.
Definitions
Fiscal Drag
Fiscal Policy Taxation Progressive Taxes Inflation Economic Terms
An explanation of fiscal drag and its implications in progressive tax systems.
Read more about Fiscal Drag.
Definitions
Fiscal Federalism
Fiscal Federalism Federalism Government Finance Taxation
The division of revenue collection and expenditure responsibilities among different levels of government.
Read more about Fiscal Federalism.
Definitions
Fiscal Illusion
Fiscal Policy Taxation Public Economics
A systematic misperception of the tax burden by taxpayers causing distorted democratic decisions on fiscal issues.
Read more about Fiscal Illusion.
Definitions
Fiscal Neutrality
Economics Fiscal Policy Tax System
The aim of devising a fiscal system which does not cause distortions in the economy.
Read more about Fiscal Neutrality.
Definitions
Fiscal Policy
Economics Fiscal Policy Government Spending Taxation
The use of taxation and government spending to influence the economy.
Read more about Fiscal Policy.
Definitions
Fiscal Stance
Economics Fiscal Policy Budget Economic Expansion Economic Contraction
An entry on the concept of fiscal stance, examining its meaning, historical context, analytical frameworks, and comparative analysis.
Read more about Fiscal Stance.
Definitions
Fiscal Stimulus
Economics Public Spending Taxation Economic Policy
A policy of increased public spending and lower taxation intended to provide an immediate boost to economic activity.
Read more about Fiscal Stimulus.
Definitions
Fisher Effect
Economics Fisher Effect Inflation Interest Rate
A phenomenon describing a one-for-one change in the nominal interest rate in response to the change in the inflation rate
Read more about Fisher Effect.

Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.