The document discusses key concepts in economic entomology, including injury, damage, economic levels, economic thresholds, and economic injury levels. It defines injury as physical harm to a commodity caused by a pest, while damage refers to the monetary value lost due to injury. The economic level is the pest population level at which control actions must be taken to prevent quality or yield loss. The economic threshold is the pest density at which management should occur to prevent populations reaching the economic injury level, which is the lowest pest population that causes economic damage and justifies the cost of control.