Economics Vocabulary Words

Adam Smith

agency

agent

amortisation

appreciation

buyer’s market

capacity

Capital

capital gain

capitalism

central bank

commodity

competition

compound interest

consumption

cost of capital

credit

debt

deficit

deflation

demand

depreciation

Depression

deregulation

derivative

devaluation

discount rate

disinflation

diversification

dividend

econometrics

efficiency

elasticity

equity

fiscal policy

free lunch

free trade

full employment

game theory

GDP

globalisation

gold standard

hedge

incentive

income

inelastic

inflation

interest

interest rate

Karl Marx

leverage

liquidity

long run

macroeconomics

marginal

market capitalisation

market forces

mercantilism

microeconomics

Milton Friedman

minimum wage

modelling

money

money market

money supply

Monopoly

monopoly

monopsony

moral hazard

motivator

national debt

nominal value

nudge

oligopoly

opportunity cost

poverty

poverty trap

price

principal

profit margin

public utility

quota

recession

regression analysis

regulation

replacement cost

risk

scalability

scarcity

seller’s market

short-run

simple interest

socialism

spread

stagflation

stagnation

stakeholder

standard deviation

subsidy

supply

tariff

tax base

time value

trade

transparency

Treasury bill

unemployment

use

utility

value-added

vertical integration

volatility

welfare