Global

global

International business concepts, global economic principles, and worldwide financial terminology applicable across all markets.

20 terms

Gross Domestic Product

(GDP)

The total monetary value of all finished goods and services produced within a country's borders in a specific time period.

Beginner Macroeconomics

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Beginner Macroeconomics

Monetary Policy

The process by which a central bank controls the money supply and interest rates to achieve macroeconomic objectives.

Intermediate Macroeconomics

Fiscal Policy

Government policy regarding taxation and spending to influence economic conditions.

Intermediate Macroeconomics

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in GDP, income, employment, and production.

Beginner Macroeconomics

Supply and Demand

The fundamental economic model describing the relationship between the availability of a product and the desire for it.

Beginner Microeconomics

Elasticity

A measure of how much the quantity demanded or supplied of a good responds to changes in price or other factors.

Intermediate Microeconomics

Market Capitalization

(Market Cap)

The total market value of a company's outstanding shares of stock, calculated by multiplying share price by total shares.

Beginner Financial Markets

Bull Market

A market condition where prices are rising or expected to rise, characterized by optimism and investor confidence.

Beginner Financial Markets

Bear Market

A market condition where prices are falling or expected to fall, typically defined as a 20% or more decline from recent highs.

Beginner Financial Markets

Diversification

An investment strategy that spreads investments across various assets to reduce risk.

Beginner Financial Markets

Compound Interest

Interest calculated on both the initial principal and the accumulated interest from previous periods.

Beginner Banking & Finance

Liquidity

The ease with which an asset can be converted into cash without significantly affecting its price.

Beginner Banking & Finance

Tariff

A tax imposed on imported goods and services, designed to protect domestic industries or generate revenue.

Intermediate International Trade

Free Trade Agreement

(FTA)

A pact between countries to reduce or eliminate barriers to trade such as tariffs and quotas.

Intermediate International Trade