TOEFL economics vocabulary

Economics words for TOEFL lectures and readings, from supply and demand to tariffs and monopolies.

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TOEFL economics vocabulary: words and hints
Add	Word	Hint
	supply	amount available
	demand	desire to buy
	market	place or system of trade
	scarcity	shortage
	tariff	tax on imports
	trade	buying and selling
	currency	money of a country
	monopoly	one company controls a market
	profit	money gained
	investment	money put in for return
	commodity	raw material traded
	capital	money or assets
	interest rate	cost of borrowing
	consumption	using goods
	surplus	extra amount

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15 words · B2