Specialist dictionary

Macroeconomics

Growth, inflation, unemployment, national output and macroeconomic policy.

Core vocabulary

120 featured terms

The database can contain more terms than shown here; this page prioritises the strongest mappings.

Aggregatenoun

material such as sand or gravel used with cement and water to make concrete, mortar, or plaster

aggregate demandnoun

In macroeconomics, the total demand for final goods and services in the economy at a given time and price level.; "The decline in Japan has been…

Businessnoun

the principal activity in your life that you do to earn money; "he's not in my line of business"

Business cyclenoun

recurring fluctuations in economic activity consisting of recession and recovery and growth and decline

Cryingadjective

conspicuously and outrageously bad or reprehensible; "a crying shame"; "an egregious lie"; "flagrant violation of human rights"; "a glaring erro…

Cyclenoun

a periodically repeated sequence of events; "a cycle of reprisal and retaliation"

Demandnoun

the act of demanding; "the kidnapper's exorbitant demands for money"

Depressionnoun

a long-term economic state characterized by unemployment and low prices and low levels of trade and investment

Domesticadjective

of concern to or concerning the internal affairs of a nation; "domestic issues such as tax rate and highway construction"

Economicadjective

of or relating to an economy, the system of production and management of material wealth; "economic growth"; "aspects of social, political, and…

Economic crisisnoun

a long-term economic state characterized by unemployment and low prices and low levels of trade and investment

Economic growthnoun

steady growth in the productive capacity of the economy (and so a growth of national income)

Economicaladjective

of or relating to an economy, the system of production and management of material wealth; "economic growth"; "aspects of social, political, and…

Egregiousadjective

conspicuously and outrageously bad or reprehensible; "a crying shame"; "an egregious lie"; "flagrant violation of human rights"; "a glaring erro…

Financialadjective

involving financial matters; "fiscal responsibility"

Fiscaladjective

involving financial matters; "fiscal responsibility"

Fiscal policynoun

a government policy for dealing with the budget (especially with taxation and borrowing)

Flagrantadjective

conspicuously and outrageously bad or reprehensible; "a crying shame"; "an egregious lie"; "flagrant violation of human rights"; "a glaring erro…

GDPnoun

the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital wi…

Glaringadjective

conspicuously and outrageously bad or reprehensible; "a crying shame"; "an egregious lie"; "flagrant violation of human rights"; "a glaring erro…

Global demandnoun

In macroeconomics, the total demand for final goods and services in the economy at a given time and price level.; "The decline in Japan has been…

Grossadjective

conspicuously and outrageously bad or reprehensible; "a crying shame"; "an egregious lie"; "flagrant violation of human rights"; "a glaring erro…

Gross domestic productnoun

the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital wi…

Growthnoun

a process of becoming larger or longer or more numerous or more important; "the increase in unemployment"; "the growth of population"

Increasenoun

a process of becoming larger or longer or more numerous or more important; "the increase in unemployment"; "the growth of population"

Incrementnoun

a process of becoming larger or longer or more numerous or more important; "the increase in unemployment"; "the growth of population"

Inflationnoun

a general and progressive increase in prices; "in inflation everything gets more valuable except money"

Interestnoun

(usually plural) a social group whose members control some field of activity and who have common aims; "the iron interests stepped up production"

Interest groupnoun

(usually plural) a social group whose members control some field of activity and who have common aims; "the iron interests stepped up production"

interest ratenoun

the percentage of a sum of money charged for its use

Jobnoun

the principal activity in your life that you do to earn money; "he's not in my line of business"

Linenoun

the principal activity in your life that you do to earn money; "he's not in my line of business"

Line of worknoun

the principal activity in your life that you do to earn money; "he's not in my line of business"

Macroeconomicsnoun

the branch of economics that studies the overall working of a national economy

Monetaryadjective

relating to or involving money; "monetary rewards"; "he received thanks but no pecuniary compensation for his services"

Occupationnoun

the principal activity in your life that you do to earn money; "he's not in my line of business"

Pacenoun

the relative speed of progress or change; "he lived at a fast pace"; "he works at a great rate"; "the pace of events accelerated"

Pecuniaryadjective

relating to or involving money; "monetary rewards"; "he received thanks but no pecuniary compensation for his services"

Policynoun

a plan of action adopted by an individual or social group; "it was a policy of retribution"; "a politician keeps changing his policies"

Productnoun

an artifact that has been created by someone or some process; "they improve their product every year"; "they export most of their agricultural p…

Productionnoun

an artifact that has been created by someone or some process; "they improve their product every year"; "they export most of their agricultural p…

Rankadjective

conspicuously and outrageously bad or reprehensible; "a crying shame"; "an egregious lie"; "flagrant violation of human rights"; "a glaring erro…

Ratenoun

the relative speed of progress or change; "he lived at a fast pace"; "he works at a great rate"; "the pace of events accelerated"

Rate of interestnoun

the percentage of a sum of money charged for its use

Recessionnoun

the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service

Recessionalnoun

the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service

Rising pricesnoun

a general and progressive increase in prices; "in inflation everything gets more valuable except money"

Slumpnoun

a long-term economic state characterized by unemployment and low prices and low levels of trade and investment

Supplynoun

offering goods and services for sale

Trade cyclenoun

recurring fluctuations in economic activity consisting of recession and recovery and growth and decline

unemploymentnoun

the state of being unemployed or not having a job; "unemployment is a serious social evil"; "the rate of unemployment is an indicator of the hea…

Accessionnoun

a process of increasing by addition (as to a collection or group); "the art collection grew through accession"

Accountancynoun

the occupation of maintaining and auditing records and preparing financial reports for a business

Accountingnoun

the occupation of maintaining and auditing records and preparing financial reports for a business

Accretionnoun

(astronomy) the formation of a celestial object by the effect of gravity pulling together surrounding objects and gases

Accretionnoun

(biology) growth by addition as by the adhesion of parts or particles

Accretionnoun

(geology) an increase in land resulting from alluvial deposits or waterborne sediment

Accretionnoun

an increase by natural growth or addition

Accumulationnoun

an increase by natural growth or addition

Appointmentnoun

the job to which you are (or hope to be) appointed; "he applied for an appointment in the treasury"

Bank discountnoun

interest on an annual basis deducted in advance on a loan

Base ratenoun

the interest rate set by the Bank of England for lending to other banks

Beatnoun

a regular rate of repetition; "the cox raised the beat"

Berthnoun

a job in an organization; "he occupied a post in the treasury"

Booknoun

physical objects consisting of a number of pages bound together; "he used a large book as a doorstop"

Booknoun

a number of sheets (ticket or stamps etc.) bound together on one edge; "he bought a book of stamps"

Broadeningnoun

an increase in width

By-productnoun

a product made during the manufacture of something else

Byproductnoun

a product made during the manufacture of something else

Callingnoun

the particular occupation for which you are trained

Careernoun

the particular occupation for which you are trained

Cateringnoun

providing food and services

Celeritynoun

a rate that is rapid

Centralismnoun

the political policy of concentrating power in a central organization

Claimnoun

demand for something as rightful or due; "they struck in support of their claim for a shorter work day"

Confectionerynoun

the occupation and skills of a confectioner

Containmentnoun

a policy of creating strategic alliances in order to check the expansion of a hostile power or ideology or to force it to negotiate peacefully;…

Craftnoun

the skilled practice of a practical occupation; "he learned his trade as an apprentice"

Deliberatenessnoun

a rate demonstrating an absence of haste or hurry

Deliberationnoun

a rate demonstrating an absence of haste or hurry

Deliverablenoun

something that can be provided as the product of development; "under this contract the deliverables include both software and hardware"

Discountnoun

interest on an annual basis deducted in advance on a loan

Discount ratenoun

interest on an annual basis deducted in advance on a loan

Discount ratenoun

the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System

Employmentnoun

the occupation for which you are paid; "he is looking for employment"; "a lot of people are out of work"

Exactionnoun

act of demanding or levying by force or authority; "exaction of tribute"; "exaction of various dues and fees"

Farmingnoun

agriculture considered as an occupation or way of life; "farming is a strenuous life"; "there's no work on the land any more"

Fastnessnoun

a rate (usually rapid) at which something happens; "the project advanced with gratifying speed"

Filmnoun

a form of entertainment that enacts a story by sound and a sequence of images giving the illusion of continuous movement; "they went to a movie…

Flicknoun

a form of entertainment that enacts a story by sound and a sequence of images giving the illusion of continuous movement; "they went to a movie…

Fruitnoun

an amount of a product

Gamenoun

your occupation or line of work; "he's in the plumbing game"; "she's in show biz"

Inspirationnoun

a product of your creative thinking and work; "he had little respect for the inspirations of other artists"; "after years of work his brainchild…

Jobnoun

an object worked on; a result produced by working; "he held the job in his left hand and worked on it with his right"

Landnoun

agriculture considered as an occupation or way of life; "farming is a strenuous life"; "there's no work on the land any more"

Lobbynoun

an interest group that tries to influence legislators or bureaucrats to act in their favor, typically through lobbying

Lombard ratenoun

an interest rate charged by a central bank for very short term loans to other banks against an approved collateral.; "Lending is via central ban…

Magazinenoun

product consisting of a paperback periodic publication as a physical object; "tripped over a pile of magazines"

Mediumnoun

an occupation for which you are especially well suited; "in law he found his true metier"

Merry-go-roundnoun

a never-ending cycle of activities and events (especially when they seem to have little purpose); "if we lose the election, the whole legislativ…

Multiplicationnoun

a multiplicative increase; "repeated copying leads to a multiplication of errors"; "this multiplication of cells is a natural correlate of growt…

Newspapernoun

the physical object that is the product of a newspaper publisher; "when it began to rain he covered his head with a newspaper"

Obscurantismnoun

a policy of opposition to enlightenment or the spread of knowledge

Officenoun

a job in an organization; "he occupied a post in the treasury"

Outputnoun

final product; the things produced

Outputnoun

what is produced in a given time period

Papernoun

the physical object that is the product of a newspaper publisher; "when it began to rain he covered his head with a newspaper"

Photographynoun

the occupation of taking and printing photographs or making movies

Picnoun

a form of entertainment that enacts a story by sound and a sequence of images giving the illusion of continuous movement; "they went to a movie…

Picturenoun

a form of entertainment that enacts a story by sound and a sequence of images giving the illusion of continuous movement; "they went to a movie…

Placenoun

a job in an organization; "he occupied a post in the treasury"

Positionnoun

a job in an organization; "he occupied a post in the treasury"

Postnoun

a job in an organization; "he occupied a post in the treasury"

Prime interest ratenoun

the interest rate on short-term loans that banks charge their commercial customers with high credit ratings

Professionnoun

an occupation requiring special education (especially in the liberal arts or sciences)

Proliferationnoun

a rapid increase in number (especially a rapid increase in the number of deadly weapons); "the proliferation of nuclear weapons"

Pullulationnoun

a rapid and abundant increase

Quicknessnoun

a rate that is rapid

Rapiditynoun

a rate that is rapid

Rapidnessnoun

a rate that is rapid