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March 21, 2020

Economics

This section covers a wide-ranging array of terms and concepts, among others, in the area of economics and broadly the economy, both at macro and micro levels (macro-economy and micro-economy). To that end, both theory and reality (empirical sphere) are covered at length.

Aspects such as market dynamics and forces, price mechanism, modes of production and sources of income, demand for and supply of goods, and so on. Market theory and economics thoughts are also dealth with in detail.

Economics alphabetical:

Browse economics terms, concepts, and definitions, by letter, all alphabetically ordered for your convenience.

You may suggest a term, click here

Term of the Day:
  • Compensatory Finance
    A practice in which a government spends more money than it receives in revenues. The difference constitutes a budget deficit that must be financed by… Read more


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