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.

Why Choose Economics Terms Lexicon?

  • Accuracy and Reliability: With references to official publications and government sites, you can trust the information provided.
  • Interactive Learning: Our quizzes offer an engaging way to reinforce your learning and test your understanding of each term.
  • Educational Resource: Ideal for students, educators, and professionals seeking to deepen their knowledge of economics.

Join Our Learning Community

Stay updated with the latest additions to our lexicon and expand your economic knowledge. Whether youโ€™re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.


Mean-Variance Preferences
Understanding mean-variance preferences in investment portfolio choice.
Means Test
An assessment method used to determine eligibility for certain benefits based on income and assets.
Means-Tested Benefits - Definition and Meaning
A comprehensive overview of means-tested benefits, including definitions, analytical frameworks, comparative analysis, and related terms.
Measurement Error
The difference between the true value of a quantity and the measured value, including systematic and random errors.
Mechanism Design
The construction of a game of strategic interaction that achieves a specific outcome in economics.
Median
The median of the distribution of a random variable and its significance in statistical analysis.
Median Voter Theorem
A theorem in voting theory that asserts the outcome of majority voting will be the preference of the median voter.
Medicaid
A US government scheme to pay for medical treatment for individuals with low incomes.
Medicare
A US government scheme to pay for medical treatment for those over the age of 65.
Medium of Exchange
A detailed account of the concept of a medium of exchange in economics.
Medium-Dated Security
A security with a maturity period of between 5 and 15 years when first issued