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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Stay updated with the latest additions to our lexicon and expand your economic knowledge. Whether you’re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.
An industry whose ownership has been taken over by the state
An examination of natural assets, encompassing natural resources such as land, water, air, biosphere, ecosystem, and minerals.
An examination of natural experiments, which leverage exogenous changes to estimate the effects of a policy or variable shift.
The growth rate of national income which maintains a constant unemployment rate, factoring in labor force growth and technical progress.
A comprehensive overview of the concept of natural monopoly in economics, its implications, and the historical context surrounding it.
Definition and meaning of natural pollutant.
The rate of interest which would be compatible with a stable level of economic activity in an economy with a constant price level.
An examination of the natural rate of unemployment, its definition, historical context, and analytical frameworks in various economic schools of thought.
Exploring natural resources as factors of production including land, minerals, water, and sea resources.
An examination of the phenomenon where employees leave the workforce through retirement or personal reasons, facilitating workforce reduction without redundancies.
Securities and financial instruments highly liquid and nearly equivalent to money.
Conditions that define the relationship between cause and effect in economic propositions, explaining when a condition must be met, and when its fulfillment guarantees an outcome.