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.

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Definitions
Order-Driven Market
Economics Market Structure Financial Markets
An examination of the order-driven market system where intermediaries match buy and sell orders.
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Definitions
Ordinal Utility
Economics Utility Theory Consumer Preferences
A detailed examination of ordinal utility, meaning and its representation in economic theory.
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Definitions
Ordinary Least Squares
Ordinary Least Squares Linear Regression Econometrics Statistical Methods
A method of estimation of the coefficients in a linear regression by minimizing the sum of squared residuals.
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Definitions
Ordinary Share
Finance Investment Equity Corporate Governance
The UK term for a share in the equity of a company, equivalent to common stock in the US.
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Definitions
Organization for Economic Co-operation and Development - Definition and Meaning
OECD International Organization Economic Policies Social Policies
The Organization for Economic Co-operation and Development (OECD) is an international organization established to aid member states in developing economic and social policies that promote sustained economic growth with financial stability.
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Definitions
Organization of the Petroleum Exporting Countries (OPEC)
OPEC Oil Cartel Petroleum Economics
An organization of oil-producing countries established to coordinate policies and manage the negotiate of oil prices through a cartel arrangement.
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Definitions
Organized Sector
Organized Sector Economics Formal Economy Economic Activity
An analysis and understanding of the organized sector within an economy.
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Definitions
Origin Principle of Taxation
Taxation International Trade Economic Policy
An international trade policy framework in which goods and services are taxed in their country of production.
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Definitions
Outlier
Statistics Data Analysis Economics
A statistical term referring to an observation that significantly deviates from the rest of the data.
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Definitions
Output
Economics Output Production Microeconomics Macroeconomics
Definition and meaning of output in economic processes
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Definitions
Output Effect
Economics Production Input-Output
Definition and meaning of output effect in economics
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Definitions
Output Gap
Output Gap Macroconomics Inflation
Understanding the Output Gap in Economics
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Economics Terms Lexicon

Ultimate Dictionary of Economics and Beyond.