General economics
Specialist vocabulary classified under Economics.
Areas within General economics
Macroeconomics
Whole-economy activity, inflation, growth and policy.
8 wordsMicroeconomics
Choices, prices, firms, consumers and individual markets.
8 wordsBehavioural economics
How psychology and context affect economic decisions.
0 wordsEconometrics
Statistical methods for analysing economic data.
0 wordsInternational economics
Trade, currencies and economic relationships between countries.
2 wordsPublic economics
Taxation, public spending, public goods and government intervention.
1 wordsGeneral economics
Specialist vocabulary classified under Economics.
80 wordsMicroeconomics
Consumers, firms, prices, incentives and market structure.
173 wordsMacroeconomics
Growth, inflation, unemployment, national output and macroeconomic policy.
331 wordsLabour economics
Employment, wages, labour supply, productivity and labour markets.
120 wordsPublic economics
Taxation, public spending, externalities and government intervention.
105 wordsInternational economics
Trade, exchange rates, global markets and cross-border economic relationships.
85 wordsDevelopment economics
Economic development, poverty, inequality and structural change.
134 wordsBehavioural economics
Psychological influences on economic decisions and behaviour.
85 wordsEconometrics
Statistical methods used to estimate and test economic relationships.
80 words81 featured terms
The database can contain more terms than shown here; this page prioritises the strongest mappings.
(economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities
Consumptionnoun(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"
Economic consumptionnoun(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"
Economic sciencenounthe branch of social science that deals with the production and distribution and consumption of goods and services and their management
Economic theorynoun(economics) a theory of commercial activities (such as the production and consumption of goods)
Economicsnounthe branch of social science that deals with the production and distribution and consumption of goods and services and their management
Game theorynoun(economics) a theory of competition stated in terms of gains and losses among opposing players
Gresham's Lawnoun(economics) the principle that when two kinds of money having the same denominational value are in circulation the intrinsically more valuable m…
marginal utilitynoun(economics) the amount that utility increases with an increase of one unit of an economic good or service
Monopolynoun(economics) a market in which there are many buyers but only one seller; "a monopoly on silver"; "when you have a monopoly you can ask any price…
Monopsonynoun(economics) a market in which goods or services are offered by several sellers but there is only one buyer
Moral hazardnoun(economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance); "insurance companies are expo…
oligopolynoun(economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence p…
Political economynounthe branch of social science that deals with the production and distribution and consumption of goods and services and their management
Productionnoun(economics) manufacturing or mining or growing something (usually in large quantities) for sale; "he introduced more efficient methods of produc…
Productivitynoun(economics) the ratio of the quantity and quality of units produced to the labor per unit of time
Rent seekingnoun(economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through…
Rent-seekingnoun(economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through…
Spillovernoun(economics) any indirect effect of public expenditure
Theory of gamesnoun(economics) a theory of competition stated in terms of gains and losses among opposing players
Usancenoun(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"
Usenoun(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"
Use of goods and servicesnoun(economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"
Utilitynoun(economics) a measure that is to be maximized in any situation involving choice
Boringnounthe act of drilling a hole in the earth in the hope of producing petroleum
Breedingnounthe production of animals or plants by inbreeding or hybridization
Brewingnounthe production of malt beverages (as beer or ale) from malt and hops by grinding and boiling them and fermenting the result with yeast
Capacitynounthe maximum production possible; "the plant is working at 80 per cent capacity"
Conspicuous consumptionnounbuying expensive services and products in order to flaunt your wealth
Constitutional economicsnounA branch of economics which focuses on the conditions that exist in and choices constrained by the legal framework of a political constitution.;…
Consumerismnounthe theory that an increasing consumption of goods is economically beneficial
Consumption of materialsnounthe expenditure in specific terms (per unit of production) of material resources (basic and auxiliary materials, fuel, energy, and depreciation…
Cornernouna temporary monopoly on a kind of commercial trade; "a corner on the silver market"
Cultivationnoun(agriculture) production of food by preparing the land to grow crops (especially on a large scale)
Cultivationnounthe act of raising or growing plants (especially on a large scale)
Drillingnounthe act of drilling a hole in the earth in the hope of producing petroleum
Econometricsnounthe application of mathematics and statistics to the study of economic and financial data
Excavationnounthe act of extracting ores or coal etc. from the earth
Financenounthe branch of economics that studies the management of money and other assets
Generationnounthe production of heat or electricity; "dams were built for the generation of electricity"
Keynesianismnounthe economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and i…
Liberalismnounan economic theory advocating free competition and a self-regulating market
Macroeconomicsnounthe branch of economics that studies the overall working of a national economy
Malthusian theorynounMalthus' theory that population increase would outpace increases in the means of subsistence
MalthusianismnounMalthus' theory that population increase would outpace increases in the means of subsistence
Managerial economicsnounapplication of the economic concepts and economic analysis to the problems of formulating rational managerial decisions.; "In managerial economi…
Mass productionnounthe production of large quantities of a standardized article (often using assembly line techniques)
Material intensitynounthe expenditure in specific terms (per unit of production) of material resources (basic and auxiliary materials, fuel, energy, and depreciation…
Microeconomicsnounthe branch of economics that studies the economy of consumers or households or individual firms
Miningnounthe act of extracting ores or coal etc. from the earth
Monetarismnounan economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money
Normative economicsnouna part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public po…
Oil productionnounthe act of drilling a hole in the earth in the hope of producing petroleum
Outputnounproduction of a certain amount
Overproductionnountoo much production or more than expected
Overrunnountoo much production or more than expected
Positive economicsnounthe branch of economics that concerns the description and explanation of economic phenomena.; "There is a large part of the economics of educati…
Quarryingnounthe extraction of building stone or slate from an open surface quarry
Sericulturenounthe production of raw silk by raising silkworms
Supply-side economicsnounthe school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital…
Underproductionnouninadequate production or less than expected
Yieldnounproduction of a certain amount
Agriculturenounthe practice of cultivating the land or raising stock
Apiculturenounthe cultivation of bees on a commercial scale for the production of honey
Cropnounthe yield from plants in a single growing season
Culturenounthe raising of plants or animals; "the culture of oysters"
Farmingnounthe practice of cultivating the land or raising stock
Harvestnounthe yield from plants in a single growing season
Husbandrynounthe practice of cultivating the land or raising stock
Tillingnouncultivation of the land in order to raise crops
Arboriculturenounthe tending of and caring for trees
Dairyingnounthe business of a dairy
Fruitagenounthe yield of fruit; "a tree highly recommended for its fruitage"
Gardeningnounthe cultivation of plants
Horticulturenounthe cultivation of plants
Plantingnounputting seeds or young plants in the ground to grow; "the planting of corn is hard work"
Ploughingnountilling the land with a plow; "he hired someone to do the plowing for him"
Plowingnountilling the land with a plow; "he hired someone to do the plowing for him"
Tillagenounthe cultivation of soil for raising crops
Viniculturenounthe cultivation of grapes and grape vines; grape growing
Viticulturenounthe cultivation of grapes and grape vines; grape growing
