Economics can be described as all of the following:
Academic discipline – body of knowledge given to, or received by, a disciple (student); a branch or sphere of knowledge, or field of study, that an individual has chosen to specialize in.
Field of science – widely recognized category of specialized expertise within science, and typically embodies its own terminology and nomenclature. Such a field will usually be represented by one or more scientific journals, where peer reviewed research is published. There are many economics-related scientific journals.
Social science – field of academic scholarship that explores aspects of human society.
Macroeconomics – branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.
Microeconomics – branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources.
Attention economics
Behavioral economics
Bioeconomics
Classical Economics
Comparative economic systems
Contract theory
Development economics
Econometrics
Economic geography
Economic history
Economic sociology
Education economics
Energy economics
Entrepreneurial economics
Environmental economics
Feminist economics
Financial economics
Georgism
Green economics
Industrial organization
Information economics
International economics
Institutional economics
Islamic economics
Labor economics
Law and economics
Managerial economics
Mathematical economics
Monetary economics
Public finance
Public economics
Real estate economics
Regional science
Resource economics
Socialist economics
Welfare economics
Behavioural economics
Classical Economics
Computational economics
Econometrics
Evolutionary economics
Experimental economics
Praxeology - (used by the Austrian School)
Social psychology
Bioeconomics
Constitutional economics
Econophysics
Neuroeconomics
Political economy
Socioeconomics
Thermoeconomics
Transport economics
Economy – system of human activities related to the production, distribution, exchange, and consumption of goods and services of a country or other area.
Economic ideology
Capitalist economy
Communist economy
Consumer economy (consumerism)
Corporate economy
Fascist economy
Laissez-faire
Mercantilism
Natural economy
Primitive communism
Social market economy
Socialist economy
Anglo-Saxon economy
American School
Hunter-gatherer economy
Information economy
New industrial economy
Palace economy
Plantation economy
Token economy
Traditional economy
Transition economy
World economy
Closed economy
Dual economy
Gift economy
Informal economy
Market economy
Mixed economy
Open economy
Participatory economy
Planned economy
Subsistence economy
Underground economy
Virtual economy
Business
Business cycle
Collective action
Commerce
Competition
Consumption
Distribution
Employment
Entrepreneurship
Export
Government spending
Finance
Import
Investment
Mergers and acquisitions
Pricing
Geographical pricing
Production
Trade
Balance of trade
Fair trade
Free trade
International trade
Safe trade
Tax, tariff and trade
Terms of trade
Trade bloc
Trade pact
Trader Ethic
Aggregate demand
Aggregate supply
Deflation
Economic activity (see above)
Economies of agglomeration
Economies of scale
Economies of scope
Incentive
Inflation
Hyperinflation
Invisible hand
Preference
Profit motive
Depression
Financial crisis
Hyperinflation
Poverty
Recession
List of recessions
Stagflation
Unemployment
Trends and influences
Decentralization
Globalization
Industrialisation
Internationalization
Consumer price index
Economic indicator
Human Development Index
Measures of national income and output
Gross domestic product
Natural gross domestic product
Gross national product
National income
Net national income
Poverty level
Standard of living
UN Human Development Index
Value
Cost-of-production theory of value
Labor theory of value
Surplus value
Time value of money
Value added
Value of Earth
Value of life
Measuring well-being
Employer
Employee
Entrepreneur
Central bank
Antitrust
Cartel
Government-granted monopoly
Reaganomics
Taxation
Income tax
Land value tax
Sales tax
Tariff
Tax, tariff and trade
Value-added tax
Economic policy
Agricultural policy
Fiscal policy
Incomes policy
Price controls
Price ceiling
Rent control
Price floor
Minimum wage
Industrial policy
Infrastructure-based development
Investment policy
Monetary policy
Disinflation
Inflation targeting
Monetary hawk and dove
Monetary reform
Quantitative easing
Reflation
Policy mix – combination of a country's monetary policy and fiscal policy. These two channels influence growth and employment, and are generally determined by the central bank and the government (e.g., the United States Congress) respectively.
Stabilization policy
Tax policy
Infrastructure
Market
Black market
Commodity markets
Financial market
Bond market
Money market
Spot market
Secondary market
Third market
Fourth market
Stock market
Free market
Labor market
Mass market
Media market
Regulated market
Market failure
Market power
Market share
Market structure
Market system
Market transparency
Market trend
Market dominance
Perfect competition, in which the market consists of a very large number of firms producing a homogeneous product.
Monopolistic competition, also called competitive market, where there are a large number of independent firms which have a very small proportion of the market share.
Monopoly, where there is only one provider of a product or service.
Monopsony, when there is only one buyer in a market.
Natural monopoly, a monopoly in which economies of scale cause efficiency to increase continuously with the size of the firm.
Oligopoly, in which a market is dominated by a small number of firms which own more than 40% of the market share.
Oligopsony, a market dominated by many sellers and a few buyers.
Market analysis
Marketing
Market segmentation
Market intelligence
Market research
Money
Currency
Community currency
Dollar
Local currency
Petrocurrency
Reserve currency
Time-based currency
Yen
United States dollar
Monetary reform
Monetary system
Money supply
Resource management
Natural resource management
Resource allocation
Factors of production
Land
Land
Natural resources
Labor
Capital
Capital
Capital asset
Capital intensity
Financial capital
Human capital
Individual capital
Natural capital
Social capital
Wealth
Consumer theory
Efficiency wage hypothesis
Efficient market hypothesis
Marginalism
Prospect theory
Public choice theory
Rational choice theory
Consumerism
Monetarism
Productivism
Utilitarianism
History of economic thought
Ancient economic thought
Aristotle
Nicomachean Ethics
Economics of the Age of Enlightenment
British Enlightenment
John Locke
Dudley North
David Hume
French Enlightenment: Physiocracy
François Quesnay
Tableau économique
Anne Robert Jacques Turgot, Baron de Laune
Reflections on the Formation and Distribution of Wealth
Socialist economics
Marxian economics
Labour theory of value
Anarchist economics
Classical economics, Political economy
Adam Smith
Wealth of Nations
Mercantilism
Economic history
Economic events
Economic history of the world
Economics in the Middle Ages: Feudalism and Manorialism
Economics of the Renaissance: Mercantilism
Industrial Revolution
Nixon Shock
History by subject
History of money
Keynesian economics
Classical economics
Neo-Keynesian Economics
Neoclassical economics
New classical economics
New Keynesian economics
Participatory economics
Home economics
Goods
Complement good
Coordination good
Free goods
Inferior goods
Normal goods
Public good
Substitute good
isms
Capitalism
Natural Capitalism
Economic subjectivism
Socialism
Modern portfolio theory
Game theory
Human development theory
Production theory basics
Time preference theory of interest
Agent
Arbitrage
Big Mac Index
Big Push Model
Cash crop
Canadian and American economies compared
Catch-up effect
Chicago school
Collusion
Commodity
Comparative advantage
Competitive advantage
complementarity
Consumer and producer surplus
Cost
Cost-benefit analysis
Cost-of-living index
Debt
Devaluation
Disposable income
Economic
Economic data
Economic growth
Economic profits
Economic modeling
Economic reports
Economic system
Ecosystem services
Elasticity
Environmental finance
Euro
Event study
Experience economy
Externality
Factor price equalization
Federal Reserve
Financial instruments
Fiscal neutrality
Full-reserve banking
General equilibrium
Gold Standard
Import substitution
Income
Income elasticity of demand
Income velocity of money
Induced demand
Industrial Organization
Input-output model
Interest
Keynes, John Maynard
Knowledge-based economy
Laissez-faire
Land
Living wage
Local purchasing
Lorenz curve
Marginal Revolution
Means of production
Mental accounting
Menu costs
Missing market
Model - economics
Model - macroeconomics
Monopoly profit
Moral hazard
Moral purchasing
Multiplier (economics)
Neo-classical growth model
Network effect
Network externality
Operations research
Opportunity cost
Output
Parable of the broken window
Pareto efficiency
Price
Price discrimination
Price elasticity of demand
Price points
Outline of industrial organization
Production function
Productivity
Profit (economics)
Profit maximization
Public bad
Public debt
Purchasing power parity
Rahn curve
Rate of return pricing
Rational expectations
Rational pricing
Real business cycle
Real versus nominal in economics
Regression analysis
Returns to scale
Risk premium
Saving
Scarcity
Seven-generation sustainability
Slavery
Social cost
Social credit
Social welfare
Specialization
Stock exchange
Subsidy
Subsistence agriculture
Sunk cost
Supply and demand
Supply-side economics
Sustainable competitive advantage
Sustainable development
Sweatshop
Technostructure
The Theory of Moral Sentiments by Adam Smith
Transaction cost
Triple bottom line
Trust
Utility
Utility Maximization Problem
Uneconomic growth
U.S. public debt
Virtuous circle and vicious circle
Wage rate
X-efficiency
Yield
Zero sum game
List of economics journals
List of important publications in economics
List of economists
Milton Friedman won the Nobel Memorial Prize in Economic Sciences in 1976 for "his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy".
Robert Fogel and Douglass North won the Nobel Memorial Prize in 1993 for "having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change".
Merton Miller, who started his academic career teaching economic history at the LSE, won the Nobel Memorial Prize in 1990 with Harry Markowitz and William F. Sharpe.
