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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Five-Year Plan(s)
A series of nationwide centralized economic development initiatives that originated in the Soviet Union in 1928 and were later adopted in various forms by other countries.
Fixed Coefficient Production Function
An overview of the fixed coefficient production function, a type of production function where inputs must be combined in fixed proportions.
Fixed Cost
An in-depth look at fixed costs, their definitions, and implications in various economic frameworks.
Fixprice
An economic model where prices are fixed in the short run, allowing quantities to adjust faster than prices.
Flag of Convenience
A national registration for a ship which does not correspond to its actual ownership or control.
Flexible Exchange Rate
An overview of the flexible exchange rate, commonly known as the floating exchange rate.
Flexible Prices
Defines flexible prices and explores their role in economic markets.
Flexitime
An employment contract that permits a worker to vary the starting and finishing time for work (within limits) provided a given total number of hours is supplied.
Flexprice
An economic model in which quantities are fixed in the short run, and prices adjust faster than quantities.