arrangement 经济英语词汇.docxVIP

arrangement 经济英语词汇 Arrangement: 经济英语词汇 Introduction: In the field of economics, a solid understanding of the relevant vocabulary is crucial for effective communication. This article aims to provide a comprehensive list of key economic terms in English. By familiarizing ourselves with these terms, we can enhance our ability to discuss and analyze economic concepts accurately. The following sections will cover various aspects of economic vocabulary, including macroeconomics, microeconomics, international trade, monetary policy, and more. Section 1: Macroeconomics 1. Gross Domestic Product (GDP): The total value of all goods and services produced within a countrys borders in a specific time period. 2. Inflation: The rate at which the general level of prices for goods and services is rising and, subsequently, the purchasing power of currency is falling. 3. Unemployment rate: The percentage of the labor force that is jobless and actively seeking employment. 4. Fiscal policy: The use of government spending and taxation to influence the economy, such as stimulating economic growth or controlling inflation. 5. Monetary policy: The management of the money supply and interest rates by a central bank, aiming to control inflation and stabilize the economy. Section 2: Microeconomics 1. Supply and demand: The fundamental economic forces that determine the price of a good or service in a market. 2. Market structure: The organizational and other characteristics of a market, including the number of firms and the type of competition. 3. Profit maximization: The goal of businesses to achieve the highest possible profit through efficient production and pricing strategies. 4. Elasticity: A measure of the responsiveness of demand or supply to changes in price or income. 5. Marginal cost and marginal benefit: The additional cost or benefit resulting from a small change in an economic activity. Section 3: International Trade 1. Balance of trade: The difference between a countrys exports an