Economics Definition


Learn more about important economic concepts by reading and understanding key economic definitions prepared by our JC Economics Tutor Simon Ng from Economicsfocus for our economics tuition. We organise these economics terms into separate chapters based on the over-arching theme of Microeconomics and Macroeconomics. As such, learning becomes more organised and exam-friendly as you can refer to the relevant chapter(s) to find out what are the critical economics definitions that you should be familiar with.

Economics Definition

In the following section, we feature different chapters that are organised into Microeconomics and Macroeconomics. Click on any of the chapters featured below to get started in your study of Economics Definitions.