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Economic Glossary
Browse terms alphabetically
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
A
Absolute Advantage
Adverse Selection
Aggregate Demand (AD)
Aggregate Supply (AS)
Artificial Intelligence (AI)
Asymmetric Information
Autocorrelation
Automatic Stabilizers
Automation / Job Displacement
B
Balance of Payments (BOP)
Behavioral Economics
Bertrand Competition
Big Data
Blockchain / Cryptocurrency
Budget Constraint
Business Cycle
C
Capital Account
Central Bank
Central Bank Digital Currency (CBDC)
Central Bank Independence
Circular Flow of Income
Climate Change Economics
Cobb-Douglas Production Function
Collusion
Comparative Advantage
Consumer Preferences
Consumer Price Index (CPI)
Consumer Surplus
Corruption
Cournot Model
Crowding Out Effect
Currency
Currency Crisis
Currency Peg
Current Account
Cybersecurity Economics
D
Deadweight Loss
Debt-to-GDP Ratio
Deflation
Demand for Money
Depression
Differentiation (Calculus)
Digital Economy / E-Commerce
Diminishing Marginal Returns
Disequilibrium (BOP)
Dominant Strategy
Dumping
E
Economic Development
Economic Integration
Economic Shock
Economies of Scale
Edgeworth Box
Elasticity
Exchange Rate Regimes
Externality
F
Financial Inclusion
Fintech
Fiscal Multiplier
Fiscal Policy
Fiscal Stimulus
Fixed Exchange Rate
Floating Exchange Rate
Foreign Aid / Remittances
Foreign Direct Investment (FDI)
Foreign Exchange Market (Forex)
Foreign Exchange Reserves
Free Rider Problem
Free Trade Agreements (FTA)
G
Gains from Trade
Game Theory
General Equilibrium
Global Value Chains
Globalization
Government Budget Deficit
Gravity Model of Trade
Gross Domestic Product (GDP)
H
Heckscher-Ohlin Model
Heteroscedasticity
Human Capital
Human Development Index (HDI)
Hyperinflation
I
Import Substitution Industrialization (ISI) / Export-Oriented Industrialization (EOI)
Inclusive / Extractive Institutions
Income Distribution / Inequality
Income Elasticity of Demand
Indifference Curves
Inflation
Informal Economy
Institutions and Growth (Acemoglu)
Integral Calculus
Interest Rates
International Monetary System
International Trade
Intra-Industry Trade
IS-LM Model
Isoquant
K
Kaldor's Trade Cycle
L
Labor Force Participation Rate
Labor Market
Law of Diminishing Marginal Utility
Limit Pricing
Linear Equations
Liquidity Trap
Logit Model
Lorenz Curve / Gini Coefficient
Loss Aversion
M
Machine Learning (ML)
Marginal Utility
Market Equilibrium
Market Failure
Market Structure
Minimum Wage
Monetary Policy
Monetary Union
Money Multiplier
Money Supply
Monopoly
Moral Hazard
Multinational Corporations (MNCs)
Mundell-Fleming Model
N
Nash Equilibrium
National Debt
National Income
Natural Rate of Unemployment
Natural Rate of Unemployment
Neutral Interest Rate
Nominal Exchange Rate
Nominal Interest Rate
Nominal vs Real GDP
O
Oil Price Shocks
Oligopoly
Open Market Operations
Opportunity Cost
P
Pareto Efficiency
Partial Equilibrium
Perfect Competition
Policy Coordination
Poverty Trap
Predatory Pricing
Price Discrimination
Price Elasticity of Demand
Price Floor / Ceiling
Prisoner's Dilemma
Probit Model
Producer Surplus
Production Function
Profit Maximization
Prospect Theory
Protectionism
Public Goods
Purchasing Power Parity (PPP)
Q
Quantitative Easing
Quantity Theory of Money
R
Real Exchange Rate
Real Interest Rate
Real Wage vs Nominal Wage
Recession
Research Methods
Resource Curse / Dutch Disease
Revealed Preference
Ricardian Model
Rybczynski Theorem
S
Schools of Thought
Scientific Method
Seigniorage
Set Theory
Short Run vs Long Run
Solow Growth Model
Stackelberg Model
Stagflation
Structural / Cyclical / Frictional Unemployment
Supply and Demand
Supply Shock
Sustainable Development Goals (SDGs)
T
Tariffs
Taylor Rule
Terms of Trade
Time Series Analysis
Total Cost / Average Cost / Marginal Cost
Trade Barriers
Trade Creation & Diversion
Trade Wars
Tragedy of the Commons
U
Unemployment
Utility
V
Vectors & Matrices
W
Washington Consensus
World Trade Organization (WTO)
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