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Glossary of Economic Terms
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A
Absolute Advantage
Accounting Profit
Aggregate Demand
Aggregate-Demand-Curve
Aggregate Supply
Asset
Automatic Stabilizers
B
Balanced Budget
Balance of Trade
Balance Sheet
Bank Run
Bankruptcy
Barrier to Entry
Barter
Bear Market
Bitcoin
Black Market
Bond
Bond Market
Break-even
Bretton Woods System
Budget Deficit
Budget Surplus
Bull Market
Bureau of Economic Analysis (BEA)
Business Cycle
C
Capacity
Capital
Capital Gain
Capital Good
Capitalism
Capital Loss
Cartel
Central Bank
Certificate of Deposit
Ceteris Paribus
Change in Demand
Change in Quantity Demanded
Change in Quantity Supplied
Change in Supply
Circular Flow Model
Classical Economics
Collateral
Collusion
Command Economy
Commodity Money
Communism
Comparative Advantage
Complement (Economics)
Compound Interest
Concentration Ratio
Congressional Budget Office
Consumer Good
Consumer Price Index (CPI)
Consumer Surplus
Contractionary Fiscal Policy
Contractionary Monetary Policy
Coordination Game
Core Price Index
Corporate Inversion
Cost-Benefit Analysis
Cost-of-Living Adjustment (COLA)
Cost-Push Inflation
Credit Easing
Crowding Out Effect
Cryptocurrency
Cyclically Adjusted Budget
Cyclically Adjusted Deficit
Cyclically Adjusted Surplus
Cyclical Unemployment
D
Deadweight Loss
Debt
Debt Ceiling
Deficit
Deflation
Demand Curve
Demand Deposits
Demand (Economics)
Demand-Pull Inflation
Demand Schedule
Demand Shock
Demonetization
Depreciation
Depression (Economic)
Derived Demand
Dilution
Diminishing Marginal Utility
Discount Rate
Discretionary Spending
Diseconomies of Scale
Disinflation
Disposable Income
Dividend
Dominant Strategy
Dow Jones Industrial Average (DJIA)
Duopoly
Durable Good
E
Economic Efficiency
Economic Profit
Economics
Economic System
Economies of Scale
Effective Tax Rate
Elastic Demand
Elasticity of Demand
Elasticity of Supply
Elastic Supply
Embargo
Emergency Banking Relief Act
Entitlement
Entrepreneur
Equilibrium
Equilibrium Price
Equilibrium Quantity
Equity
Excess Capacity
Excess Reserves
Exchange Rate
Excise Tax
Expansionary Fiscal Policy
Expansionary Monetary Policy
Expansion (Business Cycle)
Explicit Collusion
Exports
F
Federal Funds Rate
Factor Market
Factors of Production
Federal Deposit Insurance Corporation
Federal Open Market Committee (FOMC)
Federal Reserve System (Fed)
Fiat Money
Final Good
Financial Capital
Financial Equity
Fiscal Lag Effect
Fiscal Multiplier
Fiscal Policy
Fixed Asset
Fixed Cost
Fixed Income
Flat Tax
Flat Yield Curve
Fractional Reserve Banking
Franchise
Franchisee
Franchisor
Free Trade
Frictional Unemployment
Friedman, Milton
Full Employment Output
Full Employment Rate
Fundamental Analysis
G
Game Theory
GDP Deflator
Gold Standard
Good (Economic)
Goods and Services Market
Gross Domestic Product (GDP)
Gross National Product (GNP)
Growth Trend Line
H
Herfindahl - Hirschman Index (HHI)
Human Development Index (HDI)
Hyperinflation
I
Illiquid
Implicit Cost
Imports
Incentive
Income Effect
Indifference Curve
Individual Demand
Individual Producer’s Supply
Industry
Inelastic Demand
Inelastic Supply
Inferior Good
Inflation
Inflationary Gap
Inflation Rate
Initial Public Offering (IPO)
Injection (Economic)
Interest
Interest Effect
Interest Rate
Intermediate Good
Inversely Related
Inverted Yield Curve
Investment Capital
Invisible Hand
J
No items found.
K
Keynesian Economics
Keynes, John Maynard
L
Labor
Labor Participation Rate
Laffer Curve
Lagging Economic Indicator
Laissez-faire
Land
Law of Demand
Law of Diminishing Marginal Utility
Law of Diminishing Returns
Law of Supply
Leading Economic Indicator
Leakage (Economics)
Legal Tender
Liability
License
Liquid
Liquidity
Liquidity Preference Model
Liquidity Trap
Loanable Funds Model
Long-Run Aggregate Supply
Loose Money
Luxury Tax
M
M1
M2
Macroeconomics
Mandatory Spending
Marginal Analysis
Marginal Benefit
Marginal Cost
Marginally Attached Worker
Marginal Product
Marginal Propensity to Consume
Marginal Propensity to Save
Marginal Revenue
Marginal Revenue Product
Marginal Tax Rate
Marginal Utility
Market
Market Basket
Market Capitalization
Market Demand
Market Economy
Market Equilibrium
Market Index
Market Share
Market Structure
Market Supply
Market Supply Curve
Measure of Value
Medium of Exchange
Microeconomics
Minimum Wage
Misery Index
Mixed Economic System
Monetarism
Monetary Lag Effect
Monetary Multiplier Effect
Monetary Policy
Money
Monopolistic Competition
Monopoly
Multiplier Effect
N
Nash Equilibrium Outcome
National Debt
National Income
Natural Level of Output
Natural Monopoly
Near Money
Net Export Effect
New Deal
Nominal
Nominal Gross Domestic Product
Nondurable Good
Normal Good
Normal Yield Curve
Normative Economics
O
Oligopoly
Open Market Operations
Opportunity Cost
Optimal Production Level
Outsource
P
Patent
Peak (Business Cycle)
Per Capita GDP
Perfect Competition
Perfectly Elastic Demand
Perfectly Inelastic Demand
Perfectly Inelastic Supply
Perfect Substitute
Personal Consumption Expenditures (PCE)
Personal Consumption Expenditures (PCE) Price Index
Pork-Barrel Spending
Positive Economics
Price Ceiling
Price Controls
Price Earnings Ratio (P/E)
Price Elasticity of Demand
Price Elasticity of Supply
Price Floor
Price Index
Price Leadership
Price Level
Price Maker
Price Taker
Price War
Principal
Prisoner's Dilemma
Private Sector
Producer Price Index (PPI)
Product Differentiation
Production Possibilities Frontier
Productivity
Profit Motive
Progressive Tax
Proportional Tax
Public Sector
Q
Quantitative Easing
Quantity Theory of Money
Quota
R
Ratchet Effect
Real (Economic)
Real Gross Domestic Product (RGDP)
Real Wages
Recession
Recessionary Gap
Regressive Tax
Related Products
Rent
Rent Control
Representative Money
Reserve Requirement
Restrictive Monetary Policy
Return on Investment (ROI)
Rule of 72
S
Savings
Scarcity (Economics)
Sequential Move Games
Service (Economics)
Shortage (Economics)
Simultaneous Move Game
Sin Tax
Small Business Administration (SBA)
Smith, Adam
Socialism
Specialization
Specie
Stagflation
Standard and Poor's 500 Index
Standardized Product
Standard of Living
Statutory Tax Rate
Stock Certificate
Stock Exchange
Stock Split
Store of Value
Structural Unemployment
Subsidy
Substitute (Economics)
Substitute Factors of Production
Substitution Effect
Sunk Cost
Supply Curve
Supply (Economics)
Supply Schedule
Supply Shock
Supply-Side Economics
Surplus
T
Tacit Collusion
Tariff
Tax
Tax Credit
Tax Incidence
Technical Analysis
Technology
Tight Monetary Policy
Total Revenue
Trade Deficit
Trade-Offs
Trade Surplus
Traditional Economy
Transaction Costs
Transfer Payment
Trough (Business Cycle)
U
U-3
U-6
Underemployed
Unemployment
Unit Elasticity
Utility
V
Variable Cost
Velocity of Money
Venture Capital
Venture Capitalist
Volume
W
Wage
Wealth Effect
X
No items found.
Y
Yield Curve
Z
No items found.
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