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.

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📚 Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

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🌍 Global Relevance: While our focus is on providing detailed economic definitions, the referenced materials ensure global relevance and context.

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Definitions
Incomplete Contract
Economics Contract Theory Agency Theory Behavioral Economics
A comprehensive overview and analysis of the concept of incomplete contract in economics.
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Definitions
Incomplete Information
Incomplete Information Asymmetric Information Game Theory
An overview and analysis of incomplete information in economics.
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Definitions
Incomplete Markets
Economics Market Failure Incomplete Markets Arrow-Debreu Economy Coase Theorem
Situations where certain goods or services cannot be traded because there is no organized market on which to trade.
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Definitions
Increase in the Book Value of Stocks and Work in Progress
Economics GDP Stocks Work in Progress Book Value
An analysis of the increase in the book value of stocks and work in progress as shown in firms' accounts and its implications on economic indicators.
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Definitions
Increasing Returns to Scale
Economics Production Returns to Scale
An exploration of increasing returns to scale, defining the concept, its implications, and its role in various economic frameworks.
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Definitions
Incumbent Firm - Definition and Meaning
Economics Incumbent Firm Market Dynamics Competitive Advantage
An outline explaining the term 'incumbent firm' and its implications in economics, particularly within the context of market dynamics and competitive advantages.
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Definitions
Independent Taxation of Spouses
Taxation Individual Taxation Income Tax
A system of personal taxation in which individuals are taxed separately on their income and capital gains, regardless of marital status and spouse income.
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Definitions
Index of Industrial Production
Industrial Production Economic Indicators Manufacturing Mining Utilities Construction
An index measuring the volume of production in the industrial sectors of the economy, excluding private and public services.
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Definitions
index-linked
Economics Index-Linked Inflation Securities
An economic variable whose value is tied to an index number, commonly used to adjust interest, wages, or pensions to shield against inflation.
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Definitions
Indexation
Indexation Investment Finance
A system for making the performance of an investment or unit trust mimic that of a share index.
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Definitions
Indicative Planning
Economic Planning Expectation Influences Public Policy
A hybrid economic planning approach that seeks to blend decentralization with central planning by shaping expectations and influencing investment behaviors.
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Definitions
Indifference Curve
Economics Consumer Theory Utility
A graphical representation of the set of commodity bundles that are ranked as equally good by a consumer.
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Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.