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20 Basic Terms Used in Economics. Below, you’ll find 20 introductory terms that are used frequently in the field of economics - which, if you pursue the subject at A-Level, university, or even on a summer course - you’ll be expected to understand and use too. 1. Financial markets
Economic terms, from “absolute advantage” to “zero-sum game”, explained to you in plain English
May 5, 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.
- Mary Gormandy White
- Staff Writer
- admin@yourdictionary.com
Here’s a quick guide to five economic terms you should understand, that affect everything from your weekly shop to mortgage rates.
This glossary contains non-technical descriptions of all the terms in Economics for Everyone highlighted in SMALL CAPITALS . Italicized terms within the definitions are themselves defined
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Oct 29, 2018 · A simple guide to what some key economic terms - like GDP, inflation, debt and deficit - mean.
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Economic Glossary is a list of over 2,000 common economic terms definitions. With our Economics dictionary, you look up economic definitions and increase your economic vocabulary.
