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An authoritative and comprehensive dictionary containing 2,500 key economic terms with clear, concise definitions. It covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, environmental economics, and many others.
Economic terms, from “absolute advantage” to “zero-sum game”, explained to you in plain English
This glossary of economics is a list of definitions of terms and concepts used in economics, its sub-disciplines, and related fields.
Central Planning: An economic system in which crucial decisions regarding investment, consumption, interest rates, exchange rates, and price determination are made by central government planners (rather than determined by market forces).
ECONOMICS definition: 1. the way in which trade, industry, or money is organized, or the study of this: 2. the way in…. Learn more.
The Southern Tier Building Officials Association's goal is to help maintain a level of professionalism that will allow our members and the public to reap the benefits of properly built housing and enjoy a safe atmosphere while at work or play.
5 Μαΐ 2022 · You don’t have to be an economist-in-training to benefit from knowing some economic terms and concepts. Explore this laypersons’ list of basic economic terms and definitions to expand your vocabulary and deepen your understanding of key economic indicators.