Vocabulary: Economic theory and policy language

English · C1 · Lesson 40 · 20 words

A complete lesson on Economic theory and policy language — vocabulary, grammar, and practice exercises all in one. After this lesson, you'll be able to talk about Economic theory and policy language with confidence. Master 20 essential words and phrases about Economic theory and policy language. After this lesson, you'll confidently use them in real conversations.

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correlation

noun

relationship between things

deficit

noun

shortage of money

fiscal

adjective

financial

portfolio

noun

collection of investments

recession

noun

economic downturn

stimulus

noun

something that prompts a response

sustainable

adjective

able to continue

aggregate

overcome

volatile

reduce

leverage

sharp decline

hedge

verb

Avoid making a commitment

diversify

verb

doubtful or questioning

liquidity

noun

spread into different areas

incentivize

verb

offer made in response to another offer

quantitative

adjective

measurable or numerical

austerity

noun

competence

monetary

adjective

ability or skill

subsidize

verb

keynote

elasticity

noun

main theme or central idea

deregulate

verb

adjourn