Economics Jargon

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  • What is the purpose of the Treasury?
    Unlock full access to video modules for premium members only. The purpose of the Treasury The Treasury maintains control of […]
  • Financial Report
    Jargon Buster: An information document about the financial health of a companyor organisation. All BeComAware content is reviewed & approved […]
  • Nuclear Fusion
    Jargon Buster: Nuclear fusion is a process that generates a massive amount of energy as heat occurs when twoor more […]
  • Panic Selling
    Jargon Buster: Large scale selling of an investment due to panic that its value will fall further. All BeComAware content […]
  • Market Cap
    Jargon Buster: Market capitalisation, often shortened to market cap is the total valueof a publicly traded company’s outstanding common shares […]
  • Collateral
    Jargon Buster: An asset pledged as security for repayment of a loan, to be forfeited in theevent of a default. […]
  • Adtech
    Jargon Buster: Advertising technology. The umbrella term for the software and tools thathelp agencies and brands target, deliver, and analyse […]
  • Debt
    Jargon Buster: A sum of money that is owed. For example: mortgages and car loans. All BeComAware content is reviewed […]
  • Supply Chain
    Unlock full access to content for premium members only.  All BeComAware content is reviewed & approved by industry professionals.
  • Commercial Bank
    Unlock full access to video modules for premium members only.  Jargon Buster: A financial institution providing services to individuals. These […]
  • Opportunity Cost
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  • Price Elasticity of Demand
    What is Price Elasticity? Jargon Buster Price Elasticity of Demand (PED) measures the responsiveness of demand for a product following […]
  • Understanding the difference: Financial Crisis vs Credit Crunch vs Financial Bubble
    What is the difference? Financial Crisis Leading up to the 2008 financial crisis, the market was rapidly growing for financial […]
  • Credit Crunch
    Unlock full access to content for premium members only.  Credit Crunch Credit is key to economic activity as firms often […]
  • Financial Crisis
    Unlock full access to content for premium members only.  What is a Financial Crisis? Understanding the 2008 Financial Crisis in […]
  • Financial Bubble
    Unlock full access to content for premium members only.  Financial Bubble A financial bubble occurs when the prices of assets […]
  • BRICS & MINTs
    Understanding emerging markets. Jargon Buster: What is an emerging market? Emerging markets (or emerging economies) are countries with economic growth, […]
  • Windfall Tax
    By Victoria Wilson, LLB Law Student at the University of Keele and BeComAware Student Ambassador. All BeComAware content is reviewed […]
  • Consumer Price Index (CPI)
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  • Economies of Scale
    Unlock full access to content for premium members only.  What are economies of scale? Economies of scale are cost advantages […]
  • Fiscal Policy
    Unlock full access to video modules for premium members only. Fiscal Policy The Treasury maintains control of public spending, directs […]
  • Inflation
    Unlock full access to video modules for premium members only.  Jargon Buster: Inflation is the rise in general prices for […]
  • Deflation
    Unlock full access to video modules for premium members only.  Jargon Buster: Deflation is a fall in general prices for […]
  • Austerity
    Unlock full access to video modules for premium members only. Jargon Buster Governments respond to economic downturn in either two […]
  • 4 Stages of an Economic Cycle
    Unlock full access to video modules for premium members only. What are the 4 stages to an Economic Cycle? All […]
  • Recession
    Jargon Buster: We all know the term ‘recession’ and often associate it with a downturn in an economy. But what […]
  • What was the 2001 Dot Com Bubble?
    Unlock full access to video modules for premium members only. What was the 2001 Dot Com Bubble? Check out our […]
  • G20 Summit
    What is the G20 Summit? Do you hear about important decisions being made at the G20 Summit? But are not […]
  • Libor
    Unlock full access to video modules for premium members only. Understanding Libor What is Libor? What is the future of […]
  • Black Swan
    Unlock full access to video modules for premium members only. What is a Black Swan? Find out in our Bitesize […]
  • Quantitative Easing (QE)
    Unlock full access to video modules for premium members only. Jargon Buster Quantitative Easing (QE) is often said to be […]
  • Base Rate
    Unlock full access to video modules for premium members only. Jargon Buster The Base Rate is the interest rate set […]
  • Debt vs Deficit
    Unlock full access to video modules for premium members only. Jargon Buster Deficit: Occurs when government total expenditure exceeds the […]
  • What is the purpose of the Central Bank?
    Unlock full access to video modules for premium members only. The purpose of the Central Bank The Central Bank in […]
  • Understanding Money in Real vs Nominal terms
    Unlock full access to video modules for premium members only. Don’t be fooled by a salary rise At the end […]
  • Stages to an Economic Cycle
    Expansion (Boom) Expansion is the period from a trough to peak. This is characterised typically by fast economic growth, which […]
  • Who are OPEC?
    Who are OPEC? Which member states belong to OPEC? What is the aim of OPEC? And a special ‘Did You […]
  • GDP
    What is GDP? Gross domestic product, also known as GDP, is the total value of goods and services produced in […]