Economy

Filed Under »
Dictionary Says

Definition of 'Economy'

The large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated.
Investopedia Says

Investopedia explains 'Economy'

The economy encompasses everything related to the production and consumption of goods and services in an area.

The economy and the factors affecting the economy have spawned one of the largest fields of study in human history - economics. The study of economics can be broken into two major areas of focus, microeconomics and macroeconomics.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Business Cycle

    The recurring ...
  2. Economic Conditions

    The state of the ...
  3. Economics

    A social science ...
  4. Totnes Pound

    An alternative ...
  5. Macroeconomics

    The field of ...
  6. Microeconomics

    The branch of ...
  7. Keynesian Economics

    An economic ...
  8. Dismal Science

    A term coined by ...
  9. Laissez Faire

    An economic ...
  10. Overheated Economy

    When a prolonged ...

Articles Of Interest

  1. What is the difference between inflation and stagflation?

  2. How do government-issued stimulus checks affect the economy?

  3. Economic Indicators To Know

    The economy has a large impact on the market. Learn how to interpret the most important reports.
  4. Explaining The World Through Macroeconomic Analysis

    From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.
  5. The Uncertainty Of Economics: Exploring The Dismal Science

    Learning about the study of economics can help you understand why you face contradictions in the market.
  6. Can Investors Trust Official Statistics?

    The official statistics in some countries need to be taken with a grain of salt. Find out why you should be skeptical.
  7. State-Run Economies: From Public To Private

    Find out how former Iron Curtain countries used private enterprise to join the world financial markets.
  8. What Is An Emerging Market Economy?

    Emerging markets provide new investment opportunities, but there are risks - both to residents and foreign investors.
  9. Consumer Confidence: A Killer Statistic

    It's the key to any market economy, so investors need to learn the measures and how to analyze them.
  10. What Is Fiscal Policy?

    Learn how governments adjust taxes and government spending to moderate the economy.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center