A glossary of macroeconomics terms digital economist. Economics terms dictionary contains 4,200 of the most frequent but however most difficult to find economic terms, expressions and idioms used by. This dictionary covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labor economics, public economics and public finance, monetary economics, environmental economics. The following terms and their definitions are our first steps to do both. Economic glossary is a list of over 2,000 common economic terms definitions. The weighted average of a countrys export prices relative to its import prices. Fixed assets also known as longterm assets are things that have a useful life of more than one year, for example buildings and machinery.
The glossary also includes broader economic concepts relevant to health economics and the economics of development, where these are particularly pertinent. Complete economics dictionary to earn in tax revenues over the financial year. Pdf on jan 1, 2001, coskun can aktan and others published glossary of economics terms find, read and cite all the research you need on. Dictionary of medical terms 0 76 7603 5 dictionary of military terms 0 7475 7477 4 dictionary of nursing 0. Assets things that have earning power or some other value to their owner. Policy terms may form the basis of doctrinal terms, further describe doctrinal concepts, or temporarily fill gaps in joint doctrine until adopted as extant practice. Glossary of business terms a to z handy definitions of financial and economic jargon from libor and quantitave easing to black swans and dead cat bounces published on tue 26 nov 20 18. Learn and know the meaning of these economy terms by their definitions here at the economic times. This glossary of economics is a list of definitions of terms and concepts used in economics, its subdisciplines, and related fields. His most famous work was the wealth of nations 1776 a study of the progress of nations where people act according to their own selfinterest which improves the public good.
In a sense, every university class is a foreign language class. Poverty defined with respect to an absolute material standard of living. Smiths discussion of the advantages of division of labour remains a potent idea in the economic literature. Glossary of standard project management terms page i developed by comptia. Glossary suddenly lose a lot of value 2 i,t if a computer crashes, or if you crash a computer, it suddenly and unexpectedly stops working crisis nplural crises c,u 1 a period or moment of great difficulty, danger, or uncertainty, especially in politics or economics. A slang term used to refer to something favorable that has happened in business.
Learn vocabulary, terms, and more with flashcards, games, and other study tools. Oxford dictionary of economics an authoritative and comprehensive dictionary containing 2,500 key economic terms with clear, concise definitions. Bilingual glossaries on economics and finance spanishenglish glossary of financial terms. Use the gloss search feature or browse the glossarama alphabetically. Join s of fellow economics teachers and students all getting the tutor2u economics teams latest resources and support delivered fresh in their inbox every morning. This glossary contains nontechnical descriptions of all the terms in economics for everyone highlighted in small capitals. Some economic models in the field of behavioural economics assume that selfinterested individuals behave altruistically because they get some benefit, or utility, from doing so. The most comprehensive investing glossary on the web. Economics is the basis of our daily lives, even if we do not always realise it.
A valuable collection of online economics dictionaries, covering general economic terms as well as offering information on specialized fields such as economic analysis, political economy and environmental economics. An actual budget deficit occurs if actual public spending exceeds actual tax revenues. Having launched it originally in 2004 we have now updated it with modern terminology to meet with the increasing demand for the book. Use any of these terms that might be relevant if you are not sure of their meanings, ask your tutor or consult a dictionary. The guide is an important resource that will help to create a much greater understanding of. This is the simplest yardstick of economic performance. To read a definition scroll your cursor over a term or click on the term. For more search options, try the advanced search at the bottom of the page. This az pocket guide to understanding financial terms is just one of the achievements of ebss partnership with nala. Some economic models in the field of behavioural economics assume that selfinterested individuals behave altruistically because they get some benefit, or. Learn about our international trade and investment centre which helps canadian leaders better understand what global economic dynamics mean for public policies and business strategies. Disclaimer this information is disseminated under the sponsorship of the u. Whether it is an explanation of how firms work, or people vote, or customers buy, or.
Dictionary of education terms washington state digital. Financial economics basic terminology financial engineering investment bankers do. Wright, director of the thomas willing institute for the study of financial markets, institutions, and regulations and the nef family chair of political economy, augustana college sd this work is. A form of corporation, allowed by the irs for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership.
You are also welcome to visit our online economics dictionary, part of our newly launched socialscience dictionary collection, to find additional terms. Glossary of economic terms administrative regulations. Working on this glossary, we went through many authoritative glossaries to pick up the useful contemporary words for the readers of this. Department of transportation in the interest of information exchange. Go through the glossary of financial terms and know the meaning of all financial terms through their definitions here at the economic times.
An authoritative and comprehensive dictionary containing 2,500 key economic terms with clear, concise definitions. Economics is a social science concerned with the production, distribution and consumption of goods and services. An asset anything of value owned by an individual, institution or economic agent. If you have questions or comments regarding the first edition of the family dictionary of education terms, please contact the office of the education ombudsman at 18662972597 or at. Over 3,400 entriesan authoritative and comprehensive dictionary containing clear, concise definitions of over 3,400 key economic terms, this a to z covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, and environmental economics. Financial terms and definitions the economic times. Budget set different bundles of goods and services that are attainable to the consumer at given market prices and the consumers fixed level of income. The dictionary of financial and economic terms is the first dictionary that is entirely dedicated to providing concise definitions and simple explanations of key economic and financial terms in. A glossary of microeconomics terms digital economist.
A glossary of macroeconomics terms the accelerator a parameter that defines the relationship between national income and required capital stock. The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business. Glossary of business terms a to z business the guardian. The definitions in this book have their origins in. Budget surplus this financial situation occurs if a government plans to spend more than it forecasts to earn in tax revenues over the financial year. This book aims to help students to make sense of the vocabulary of economics. If included in the dod dictionary, policy terms will conform to the cjcsi 5705.
There are strange words, like oligopsony, and words that are familiar but have different meanings to economists, like elasticity. The oecd glossary of statistical terms is one example of such a glossary database, though others have been developed by eurostat, the united nations statistical division and the international statistical institute. It is hoped that the glossary will become a practical aid for policymakers. Dictionary of financial, economic, and business terms. Dod dictionary of military and associated terms, january 2020. The holder of a zerocoupon bond receives a single payment at the. Terms defined are in bold and cross references to definitions elsewhere in the glossary are in italics. Glossary of economic terms united for a fair economy. 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. If one person, firm or country can produce more of something with the same amount of effort and. Italicized terms within the definitions are themselves defined elsewhere in the glossary, for crossreference. Amos world economics glossary the amosweb glossarama is a searchable database of 1800 economic terms and concepts. A type of retirement plan which is sponsored by an employer and in which the employer may match a portion of the employees contributions. Glossary of important business, economic, and financial history terms by robert e.
The page below contains most of the key terms from an introductory economics course. The following glossary has been developed to help you succeed as a project manager by establishing standard definitions for commonlyused terms you will encounter in your. Economics dictionary free dictionary lookup by babylon. Glossary suddenly lose a lot of value 2 i,t if a computer crashes, or if you crash a computer, it suddenly and unexpectedly stops working crisis nplural crises c,u 1 a period or moment of great difficulty, danger, or uncertainty, especially in politics or economics adj, v n c adj, v t n c. It studies how individuals, businesses, governments and nations make choices on. We are often asked to explain behavioral economics terms and how our mindguidesm and brandembracesm services fit with existing concepts. Download the as economics micro key term glossary pdf subscribe to email updates from tutor2u economics. This glossary is for anyone who wants and needs to learn the terms related to the field of money and banking. For example, an employee receiving a raise may reply with. Using vocabulary in business and economics university of. Complete economics dictionary complete economics dictionary. With our economics dictionary, you look up economic definitions and increase your economic vocabulary. A glossary of microeconomics terms abundance a physical or economic condition where the quantity available of a resource exceeds the quantity desired in the absence of a rationing system.