Specialist dictionary

General economics

Specialist vocabulary classified under Economics.

Core vocabulary

81 featured terms

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

Capital accountnoun

(economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities

Consumptionnoun

(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"

Economic consumptionnoun

(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"

Economic sciencenoun

the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Economic theorynoun

(economics) a theory of commercial activities (such as the production and consumption of goods)

Economicsnoun

the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Game theorynoun

(economics) a theory of competition stated in terms of gains and losses among opposing players

Gresham's Lawnoun

(economics) the principle that when two kinds of money having the same denominational value are in circulation the intrinsically more valuable m…

marginal utilitynoun

(economics) the amount that utility increases with an increase of one unit of an economic good or service

Monopolynoun

(economics) a market in which there are many buyers but only one seller; "a monopoly on silver"; "when you have a monopoly you can ask any price…

Monopsonynoun

(economics) a market in which goods or services are offered by several sellers but there is only one buyer

Moral hazardnoun

(economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance); "insurance companies are expo…

oligopolynoun

(economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence p…

Political economynoun

the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Productionnoun

(economics) manufacturing or mining or growing something (usually in large quantities) for sale; "he introduced more efficient methods of produc…

Productivitynoun

(economics) the ratio of the quantity and quality of units produced to the labor per unit of time

Rent seekingnoun

(economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through…

Rent-seekingnoun

(economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through…

Spillovernoun

(economics) any indirect effect of public expenditure

Theory of gamesnoun

(economics) a theory of competition stated in terms of gains and losses among opposing players

Usancenoun

(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"

Usenoun

(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"

Use of goods and servicesnoun

(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"

Utilitynoun

(economics) a measure that is to be maximized in any situation involving choice

Boringnoun

the act of drilling a hole in the earth in the hope of producing petroleum

Breedingnoun

the production of animals or plants by inbreeding or hybridization

Brewingnoun

the production of malt beverages (as beer or ale) from malt and hops by grinding and boiling them and fermenting the result with yeast

Capacitynoun

the maximum production possible; "the plant is working at 80 per cent capacity"

Conspicuous consumptionnoun

buying expensive services and products in order to flaunt your wealth

Constitutional economicsnoun

A branch of economics which focuses on the conditions that exist in and choices constrained by the legal framework of a political constitution.;…

Consumerismnoun

the theory that an increasing consumption of goods is economically beneficial

Consumption of materialsnoun

the expenditure in specific terms (per unit of production) of material resources (basic and auxiliary materials, fuel, energy, and depreciation…

Cornernoun

a temporary monopoly on a kind of commercial trade; "a corner on the silver market"

Cultivationnoun

(agriculture) production of food by preparing the land to grow crops (especially on a large scale)

Cultivationnoun

the act of raising or growing plants (especially on a large scale)

Drillingnoun

the act of drilling a hole in the earth in the hope of producing petroleum

Econometricsnoun

the application of mathematics and statistics to the study of economic and financial data

Excavationnoun

the act of extracting ores or coal etc. from the earth

Financenoun

the branch of economics that studies the management of money and other assets

Generationnoun

the production of heat or electricity; "dams were built for the generation of electricity"

Keynesianismnoun

the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and i…

Liberalismnoun

an economic theory advocating free competition and a self-regulating market

Macroeconomicsnoun

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

Malthusian theorynoun

Malthus' theory that population increase would outpace increases in the means of subsistence

Malthusianismnoun

Malthus' theory that population increase would outpace increases in the means of subsistence

Managerial economicsnoun

application of the economic concepts and economic analysis to the problems of formulating rational managerial decisions.; "In managerial economi…

Mass productionnoun

the production of large quantities of a standardized article (often using assembly line techniques)

Material intensitynoun

the expenditure in specific terms (per unit of production) of material resources (basic and auxiliary materials, fuel, energy, and depreciation…

Microeconomicsnoun

the branch of economics that studies the economy of consumers or households or individual firms

Miningnoun

the act of extracting ores or coal etc. from the earth

Monetarismnoun

an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money

Normative economicsnoun

a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public po…

Oil productionnoun

the act of drilling a hole in the earth in the hope of producing petroleum

Outputnoun

production of a certain amount

Overproductionnoun

too much production or more than expected

Overrunnoun

too much production or more than expected

Positive economicsnoun

the branch of economics that concerns the description and explanation of economic phenomena.; "There is a large part of the economics of educati…

Quarryingnoun

the extraction of building stone or slate from an open surface quarry

Sericulturenoun

the production of raw silk by raising silkworms

Supply-side economicsnoun

the school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital…

Underproductionnoun

inadequate production or less than expected

Yieldnoun

production of a certain amount

Agriculturenoun

the practice of cultivating the land or raising stock

Apiculturenoun

the cultivation of bees on a commercial scale for the production of honey

Cropnoun

the yield from plants in a single growing season

Culturenoun

the raising of plants or animals; "the culture of oysters"

Farmingnoun

the practice of cultivating the land or raising stock

Harvestnoun

the yield from plants in a single growing season

Husbandrynoun

the practice of cultivating the land or raising stock

Tillingnoun

cultivation of the land in order to raise crops

Arboriculturenoun

the tending of and caring for trees

Dairyingnoun

the business of a dairy

Fruitagenoun

the yield of fruit; "a tree highly recommended for its fruitage"

Gardeningnoun

the cultivation of plants

Horticulturenoun

the cultivation of plants

Plantingnoun

putting seeds or young plants in the ground to grow; "the planting of corn is hard work"

Ploughingnoun

tilling the land with a plow; "he hired someone to do the plowing for him"

Plowingnoun

tilling the land with a plow; "he hired someone to do the plowing for him"

Tillagenoun

the cultivation of soil for raising crops

Viniculturenoun

the cultivation of grapes and grape vines; grape growing

Viticulturenoun

the cultivation of grapes and grape vines; grape growing