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

📚 Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

🔗 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.

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 you’re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.


Offer Curve
The locus of trading plans traced out as relative prices vary, reflecting optimal consumption or trade plans.
Office for Budget Responsibility
An independent agency created in 2010 to provide authoritative analysis of the UK’s public finances.
Office for National Statistics (ONS)
The UK government agency responsible for the collection and publication of UK economic statistics.
Office of Communications
Ofcom, established by the Office of Communications Act of 2002, regulates UK communications industries.
Office of Fair Trading
The Office of Fair Trading (OFT) was the UK government body responsible for administering competition policy from 1973 to 2014.
Office of Management and Budget (OMB)
An insight into the Office of Management and Budget (OMB), its role, and significance in the preparation and administration of the federal budget in the United States.
Office of Telecommunications
Office of Telecommunications (Oftel) - The regulatory body for the UK telephone industry after the privatization of British Telecom.
Official Development Assistance (ODA)
A comprehensive overview of Official Development Assistance (ODA) including its background, historical context, major analytical frameworks, and related terms.
Offshoring
Relocation of business to a foreign country, typically to reduce costs or enter a new market.
Oil Crisis
A situation in which there is a sudden fall in the availability and/or a large increase in the price of oil.
Oil Embargo
A comprehensive analysis of the term 'oil embargo' in economic context, focusing on its definitions, impacts, and various economic perspectives.
Oil Price
The dynamics and implications of the price of bulk oil, typically quoted in US dollars per barrel.