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
๐ Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.
๐ Authoritative References: Each entry includes references to authoritative books, official publications, and government sites, ensuring the information is reliable and accurate.
๐ง Knowledge Test Quizzes: Enhance your understanding with quizzes designed for each dictionary entry. Test your knowledge and track your progress seamlessly.
๐ 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.
Stay updated with the latest additions to our lexicon and expand your economic knowledge. Whether youโre preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.
A tariff mainly imposed as a source of government revenue instead of assisting domestic producers.
A comprehensive study of the concept of reverse takeover, where a smaller or private company acquires a larger or public company.
Understanding the reverse yield gap, where government bond returns exceed those on equities during certain economic conditions.
Understanding the concept and mechanisms of revolving loans in economics.
A derogatory label for Dublin coined during the economic crisis of 2008-2009.
A method in regression analysis used to address multicollinearity issues by introducing a bias to the estimator, thereby reducing variance.
Explanation of the term 'right-hand-side variable,' a term used in statistical regression analysis.
A form of uncertainty where, while the actual outcome of an action is not known, probabilities can be assigned to each of the possible outcomes.
The preference for a certain pay-off rather than a risky pay-off with the same expected value in economic decision-making.
Definition and Meaning of Risk Avoidance in Economics
The concept of being exposed to the consequences of uncertain future events in economic decision-making.
Capital invested in new and untried projects with a significant chance of loss, typically associated with venture capital investment.