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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📚 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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🧠 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.


Replacement Cost
The method of valuing assets and calculating depreciation allowances using the costs of replacing buildings and equipment.
Replacement Ratio
The pension of a retired person as a proportion of income when in employment.
Representative Firm - Definition and Meaning
A detailed look at the concept of a representative firm in economics, its underlying assumptions, and analytical frameworks.
Repressed Inflation
A situation in which price and wage increases are restrained by official controls.
Repudiation of Debt
Exploring the concept, history, and implications of debt repudiation in economics.
Required Rate of Return
Definition and analysis of required rate of return as a critical concept in investment finance.
Resale Price Maintenance
The fixing by manufacturers of minimum prices at which their products may be resold by distributors.
Reschedule Debt
Definition and analysis of the concept of debt rescheduling and its implications in economics.
Reservation Policy
A policy in India that reserves a proportion of public jobs and education seats for disadvantaged or under-represented groups.
Reserve Asset Ratio
A required minimum proportion between a bank’s reserve assets and its deposits and other liabilities.