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

đź“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.

đź”— 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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Logarithmic Scale
A detailed exploration of the logarithmic scale, its uses, and meanings in economic analysis.
Logistic Curve
A curve reflecting the change over time of a variable with limits in economic phenomena
Logit Model
A statistical model used for predicting the probability of a binary outcome.
Logit Model
A statistical model used for predicting the probability of a binary outcome.
Lomé Convention
An international agreement reached in 1975 by the European Economic Community granting associate status to French overseas territories.
London International Financial Futures and Options Exchange
London International Financial Futures and Options Exchange (LIFFE) - A financial futures market opened in London in 1982, instrumental in trading a variety of financial instruments, including options and futures contracts on government bonds, stock indices, currencies, and interest rates. It merged with London Traded Options Market in 1992 and is now part of NYSE Euronext.
London Stock Exchange
A comprehensive entry on the London Stock Exchange, detailing its definition, historical significance, and major analytical frameworks.
Long Position
A situation where market participants hold a positive quantity of a commodity or asset, anticipating a rise in their prices.
Long Rate
An in-depth look at the long rate, focusing on its definition, meaning, historical context, and major analytical frameworks.
Long Run
Understanding the long run in economic analysis, where all variables can be changed.
Long-Dated Security
A thorough examination of long-dated security, its definitions, implications, and importance in economics.