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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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.

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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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Lumpiness
A term in economics referring to the quality of being indivisible or not able to be broken down into smaller units.
M0 - Definition and Meaning
The narrowest definition of the money supply, including notes and coin in circulation, banks' till money, and balances with the central bank.
M1 - Definition and Meaning
An examination of M1 as a measure of the money supply, including its components and significance in different economies.
M2 - Definitions and Meaning
A detailed look into the definition, components, and significance of M2 as a measure of money supply in various economies.
M3 - Definition and Meaning
A comprehensive definition of M3 and its implications in the context of broader money supply definitions.
Macroeconometrics
The branch of econometrics that has developed tools specifically designed to analyze macroeconomic data.
Macroeconomic Trilemma
An exploration of the macroeconomic trilemma, balancing exchange rate stability, monetary policy independence, and capital market openness in an open economy.
Macroeconomics
The branch of economics that examines aggregate quantities in the economy, including total employment, production, consumption, and imports and exports.
Majority Shareholder
A description of majority shareholders, their role, and their influence within a company.
Malthusian Problem
Thesis developed by economist Thomas Malthus explaining how population growth tends to outpace growth in resources, driving per capita incomes down to subsistence levels.