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
Lobbying
Economics Political Economy Public Policy
Activities devoted to informing politicians of the views of various interest groups, and persuading them to draft legislation or to vote in accordance with these views
Read more about Lobbying.
Definitions
Local Authority Housing
Housing Economics UK Public Housing
State-financed housing for rent, provided in the UK through local authorities.
Read more about Local Authority Housing.
Definitions
Local Content - Definition and Meaning
Local Content Economics Trade Policy Investment Tariffs
A comprehensive look at the concept of local content in economics, its implications, and applications in trade and investment policies.
Read more about Local Content - Definition and Meaning.
Definitions
Local Government
Local Government Public Administration Fiscal Federalism
An exploration of the structure, function, and characteristics of local government entities.
Read more about Local Government.
Definitions
Local Public Good
Economics Public Good Fiscal Federalism Tiebout Hypothesis
A comprehensive overview of the economic concept 'local public good' within the context of various economic frameworks.
Read more about Local Public Good.
Definitions
Location
Economics Location Geography Marketing
The geographical position of a firm’s premises or the marketing position of its product.
Read more about Location.
Definitions
Location-Scale Family
Location-Scale Family Normal Distribution Statistical Inference Central Limit Theorem
An exploration of the Location-Scale family of distributions in economics and statistics
Read more about Location-Scale Family.
Definitions
Location-Scale Family of Distributions
Statistics Probability Theory Econometrics
Definition and meaning of the location-scale family of distributions, exploring its foundational concepts and applications in various economic frameworks.
Read more about Location-Scale Family of Distributions.
Definitions
Lock-Out
Industrial Relations Labor Economics Employment
An industrial action by employers, where workers are excluded from their workplace and pay without being dismissed.
Read more about Lock-Out.
Definitions
Locomotive Principle
Locomotive Principle Economic Growth Leading Sector World Economy
The principle describing how growth in leading sectors or countries can drive wider economic expansion.
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Definitions
Log-Linear Function
Economics Mathematics Logarithms Functions
A function in which the logarithm of the dependent variable is linear in the logarithm of its argument.
Read more about Log-Linear Function.
Definitions
Log-Normal Distribution
Probability Distribution Log-Normal Distribution Statistics Economics
A specialized probability distribution of a random variable such that its logarithm is normally distributed, typically resulting from multiplicative effects.
Read more about Log-Normal Distribution.

Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.