It is sometimes useful then, to have access to dictionaries which give you the meaning of these words.
There are many available on the internet. Some start with basic economics terms, others are for advanced students.
My advice if you don't know a word is look in more than one site, because you might find the way a word is described in one place is easier for you to understand than in another.
Here is a guide to some economic glossaries I think are useful:
1) Bized economics glossary - this is good place to start since it is written for A-level students.
2) The Economist magazine's glossary - from, of course, the best magazine in the world, which, of course, you are all reading every week. It is written for eductaed people who may not have studied economics, so should be quite easy for you to understand.....
3) AMOS web glossary - size is the advantage of this one, with over 3000 economics terms discussed. It is from the USA, so beware of some words which are different from those we use in the UK.
4) Dr T's Economic Glossary - written by a university teacher, this uses advanced language to describe the economic ideas you may already know. Better for A2 students than AS.
5) John B. Taylor's Principles of Macroeconomics - very advanced;good for those of you who really want to challenge your understanding.
6) The Concise Encyclopedia of Economics - as the title suggests, not so much a dictionary as a series of short essays. Very interesting, but be aware that there is a bias to the writers of these essays - they are Austrian School economists (put very simply, very much in favour of the free market and against government).
If you want to buy an economics dictionary, this old one is still one of the most excellent available. I have a copy so if you'd like to have a look, just ask.....
http://www.amazon.co.uk/Everymans-Dictionary-Economics-Collected-Arthur/dp/0865975523/ref=sr_1_5?ie=UTF8&s=books&qid=1286971170&sr=1-5
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