Capitalism

An economic system where few restrictions are placed on business activities and ownership. In this system, governments generally have minimal ownership of enterprises in the market ...

A market economy based on supply and demand with little or no government control. A completely free market is an idealized form of a market economy where buyers and sellers are allowed ...

An economic theory stating that active government intervention in the marketplace and monetary policy is the best method of ensuring economic growth and stability.

Intense competition in a market. Dog eat dog competition most commonly arises in markets where products or services have become commoditized. In this case, no company can create a ...

The field of economics that studies the behavior of the aggregate economy. Macroeconomics examines economy-wide phenomena such as changes in unemployment, national income, rate of ...

The branch of economics that analyzes the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households. It is ...

A description of capitalist society as being based on the close relationships between businessmen and the state. Instead of success being determined by a free market and the rule of law, ...

Find out where your income and lifestyle put you compared to the national average.

Learn economics principles such as the relationship of supply and demand, elasticity, utility, and more!

From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.

This tutorial teaches the basics of one of the most important economic topics. A must for all investors.

Does the amount of goods and services produced set the pace for economic growth? Here are the arguments.