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.

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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.


Cost of Protection
The total cost to an economy of adopting protectionist trade policies.
Cost-Benefit Analysis - Definition and Meaning
An in-depth exploration of cost-benefit analysis, including definition, historical context, and its application in various economic frameworks.
Cost-Effectiveness
The achievement of results in the most economical way, assessing efficiency by resource utilization at the lowest possible cost.
Cost-Plus Pricing
A pricing strategy where the price equals measured costs plus an agreed percentage mark-up for profit, often criticized for lacking cost control incentives.
Cost-Push Inflation
An economic concept where the general price levels in an economy rise due to increased costs of production, often leading to declines in the purchasing power of money.
Costs
The value of the inputs needed to produce any good or service, measured in specific units, commonly money.
Council Housing
State-financed housing for rent provided through local authorities in the UK.
Council Tax
A tax levied by UK local authorities on property holders, dependent on property valuation.
Counter-Party Credit Risk
The risk associated with the possibility that a counter-party in a financial transaction may default on their obligations.