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 method of deciding whether a proposed change in the economy should be made based on specific criteria evaluating gains and losses.
An entry exploring the scope, historical background, and multifaceted aspects of welfare economics.
Definition and meaning of the welfare state in economics
An entity or investor that acquires a company to save it from an unwanted takeover.
A stochastic process with zero mean, constant variance, and zero autocorrelation
A stochastic process with zero mean, constant variance, and zero autocorrelation
A UK government publication generally intended as a prelude to legislation, contrasted with a green paper meant to stimulate public discussion.
A diagnostic tool for detecting heteroscedasticity in regression analysis, utilizing regressions of squared OLS residuals.
Banking by institutions which specialize in dealing with other financial institutions, large firms, and wealthy individuals.
The prices of goods dealt with on a wholesale basis, important for economic indicators and analyses.
The sale of goods to distributors, rather than the general public.
Understanding the term 'widget' in economic texts.