Economics

Of social science.   May also be referred to as economic science and political economy.

The branch of social science that deals with the production and distribution and consumption of goods and services and their management.

This concept's ID is @1~33049

Market

  • monopoly 1 facts

    (economics) a market in which there are many buyers but only one seller; "a monopoly on...

  • monopsony 0 facts

    (economics) a market in which goods or services are offered by several sellers but there...

  • oligopoly 0 facts

    (economics) a market in which control over the supply of a commodity is in the hands of...

Utility

  • utility 1 facts

    (economics) a measure that is to be maximized in any situation involving choice.

  • marginal utility 0 facts

    (economics) the amount that utility increases with an increase of one unit of an...

Also contains

  • production 14 facts

    (economics) manufacturing or mining or growing something (usually in large quantities)...

  • economic theory 5 facts

    (economics) a theory of commercial activities (such as the production and consumption...

  • finance 4 facts

    The branch of economics that studies the management of money and other assets.

  • game theory 2 facts

    (economics) a theory of competition stated in terms of gains and losses among opposing...

  • use 1 facts

    (economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption...

  • econometrics 1 facts

    The application of mathematics and statistics to the study of economic and financial...

  • macroeconomics 1 facts

    The branch of economics that studies the overall working of a national economy.

  • microeconomics 1 facts

    The branch of economics that studies the economy of consumers or households or individual...

  • capital account 0 facts

    (economics) that part of the balance of payments recording a nation's outflow and...

  • moral hazard 0 facts

    (economics) the lack of any incentive to guard against a risk when you are protected...

  • productivity 0 facts

    (economics) the ratio of the quantity and quality of units produced to the labor per...

  • spillover 0 facts

    (economics) any indirect effect of public expenditure.

  • Gresham's Law 0 facts

    (economics) the principle that when two kinds of money having the same denominational...

  • supply-side economics 0 facts

    The school of economic theory that stresses the costs of production as a means...