Glossary

Reset Glossary
economic indicators

Subject: 

  • Economics

statistical information about the economy that shows present conditions and trends in economic development.

Related Terms: 

economic development

Related Content

factor cost
Subject:
Economics

cost of production excluding taxes on production and including subsidies (GDP at basic prices -...

life expectancy
Subject:
Economics

the number of years a person born in a certain country can be expected to live.

comparative advantage
Subject:
Economics

in trade when the ability to produce the two goods in an efficient way differs between the two...

micro loans
Subject:
Economics

small loans to those who are unable to make loans in the normal banking system.

free market system
Subject:
Economics

the economy is controlled by market forces of demand and supply.