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.

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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.


Overfull Employment
Understanding the concept of overfull employment and its implications in economics
Rentier
A term in economics describing an individual whose main income comes from interest on assets.
Social Safety Net
A system designed to ensure individuals' incomes do not fall below a minimum level, including various benefits and services.
Stochastic Process
A detailed exploration of the concept of stochastic processes in economics, including definitions, historical context, and major analytical frameworks.
Adverse Supply Shock
An unexpected shift of the supply curve to the left, indicating a reduction in the quantity supplied for any given price.
Arc Elasticity
Arc elasticity refers to the ratio of the proportional change in one variable to the proportional change in another, as measured between two points over a finite range.
Balance of Payments
An overview of the balance of payments, detailing its components, significance, and associated analytical frameworks.
Board of Directors
The governing body of a company, responsible for appointing the company’s officers and making key strategic decisions. The board comprises executive and non-executive directors.
Bond Default Swap
An entry detailing the term 'Bond Default Swap' and its association with 'Credit Default Swap'.
Business Expansion Scheme (BES)
An overview and analysis of the Business Expansion Scheme (BES), a UK fiscal initiative designed to encourage venture capital investments in new businesses.