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

๐Ÿ“š Comprehensive Content: Our lexicon covers a wide range of economic terms and concepts, thoroughly explained to help users understand even the most complex topics.

๐Ÿ”— Authoritative References: Each entry includes references to authoritative books, official publications, and government sites, ensuring the information is reliable and accurate.

๐Ÿง  Knowledge Test Quizzes: Enhance your understanding with quizzes designed for each dictionary entry. Test your knowledge and track your progress seamlessly.

๐ŸŒ Global Relevance: While our focus is on providing detailed economic definitions, the referenced materials ensure global relevance and context.

Why Choose Economics Terms Lexicon?

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  • 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 youโ€™re preparing for exams, writing research papers, or pursuing professional development, EconomicsTermsLexicon.com is your go-to resource for all things economics.


Current Liabilities
Definition and analysis of current liabilities, their significance, and applications in economic contexts
Debt Rescheduling
Debt rescheduling is the renegotiation of the terms of debt repayment between a borrower and lender.
Deficiency Payment
A subsidy paid to farmers when the prices at which certain products can be sold are below a target set by government policy.
Demand-Pull Inflation
A phenomenon in which aggregate demand in an economy outpaces aggregate supply, causing prices to increase.
Discounted Cash Flow
A method of calculating the net present value of a stream of payments by adding the present discounted values of all net cash flows at various future dates.
Division of Labour
The system by which different members of any society do different types of work, emphasizing specialization and efficiency.
Downward-Sloping Demand Curve
A demand curve depicting the inverse relationship between price and quantity demanded.
Elasticity of Technical Substitution
The ratio of proportional change in the relative quantities of two inputs used by a firm to proportional change in their relative prices, holding total output constant.
Employee Stock Ownership Plan (ESOP)
An arrangement for a US company to provide shares for its employees through a trust fund.