Skip to main content

Economics glossary

It is important when studying economics to make sure you have a good understanding of all the economics jargon and, if there is one thing you can be sure of, economics has a lot of jargon! This pack will help you to understand all the jargon you need for studying Economics.

In this first section you will find a full economics glossary of terms and you can use this to keep referring to throughout your economics course. Whenever you come across a term, just come back to this section to check out the definition of the term.

For more detailed definitions of a selection of key terms for each topic in IB economics, have a look at the 'Key terms section'. Why not also test yourself with the games and activities section? This has a series of flash cards to help you revise the important terms and definitions.





To start looking at the next page, click on the right arrow at the top or bottom of the page. To return to the table of contents at any time, just click the 'home' icon.