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  New to the world of economics? Here you find an outstanding collection of Economics Dictionaries providing you with all the technical information you need to understand terms in a wide range of terminologies used in the economy sector.

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Term of the day

GNP

Bible DictionaryBEA Economic Analysis Dictionary
Gross National Product 
 
The market value of goods and services produced by labor and property supplied by U.S. residents, regardless of where they are located. It was used as the primary measure of U.S. production prior to 1991, when it was replaced by gross domestic product (GDP).
Source: U.S. Bureau of Economic Analysis
 

Popular Terms

Input-output (I-O) output multipliers

Interest and miscellaneous payments

Enterprise

SIC

Private remittances
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