| A |
| Activity rate |
| Ad valorem tax |
| Affordability Index |
| Aggregate demand |
| Aggregate supply |
| Asymmetric information |
| B |
| Balance of payments |
| Buffer stock |
| C |
| Carbon offsetting |
| Choice |
| Carbon tax |
| Circular flow |
| Classical unemployment |
| Cobweb theorem |
| Competition Commission |
| Competitive tendering |
| Concentration ratio |
| Consumer surplus |
| Contractionary policy |
| CPI |
| Current account |
| Cyclical unemployment |
| D |
| Deflation |
| Demand |
| Demerit good |
| Direct taxes |
| Division of labour |
| E |
| Economic growth |
| Economic welfare |
| Equilibrium |
| Exchange rate |
| Expansionary policy |
| Exports |
| External benefit |
| External cost |
| F |
| Factors of production |
| Fiscal boost |
| Fiscal drag |
| Fiscal policy |
| Full employment |
| G |
| Game theory |
| Giffen good |
| Gini co-efficient |
| Government failure |
| H |
| HDI |
| I |
| Imports |
| Inactivity rate |
| Incidence of tax |
| Income effect |
| Indirect taxes |
| Inferior good |
| Inflation |
| Injections |
| Interest rates |
| Investment |
| L |
| Liquidity |
| Liquidity trap |
| Long run aggregate supply |
| Long tail |
| M |
| Market |
| Marginal cost |
| Marginal propensity to consume |
| Market failure |
| Maximum price |
| Merit good |
| Minimum price |
| Monetary policy |
| Monetary policy committee |
| Monopoly |
| Moral hazard |
| Movements and shifts |
| N |
| NAIRU |
| National income |
| National minimum wage |
| Net welfare gain |
| Net welfare loss |
| Nominal wages |
| Normal good |
| Normative statement |
| O |
| Oligopoly |
| Opportunity cost |
| Output gap |
| P |
| Pareto efficiency |
| PED |
| PES |
| Perfect competition |
| Phillips curve |
| Policy conflict |
| Policy instrument |
| Policy objective |
| Positive statement |
| PPF |
| Price |
| Price ceiling |
| Price floor |
| Private benefit |
| Private cost |
| Producer surplus |
| Productivity |
| Productivity gap |
| Public good |
| Q |
| Quantitative easing |
| Quasi public good |
| R |
| Real national income |
| Real wages |
| Recession |
| S |
| Savings |
| Savings rate/ratio |
| Scarcity |
| Social benefit |
| Social cost |
| Specialisation |
| Specific unit taxes |
| Structural unemployment |
| Subsidy |
| Substitution effect |
| Supply |
| Supply shock |
| Supply side policy |
| T |
| The accelerator effect |
| The multiplier effect |
| W |
| Wealth effect |
| Withdrawals |
| X |
| XED |
| Y |
| YED |