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Economy Economics

Economics

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It's comprised of broader macroeconomics and consumer-centric microeconomics.

Economics
  • Race and Income Inequality
  • Gender and Income Inequality
  • Practical Look At Microeconomics
  • Understanding Income Inequality
  • Global Trade Guide
  • Guide to Economics
  • Guide to Inflation
  • Microeconomics
  • Macroeconomics
  • Behavioral Economics
The Great Gatsby Curve
The Great Gatsby Curve Definition
The Great Gatsby Curve illustrates the relationship between income inequality in a country and the potential for its citizens to achieve upw...
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    Are We Headed for a Hyperinflation?
  • Positive Economics Definition
  • Financial book roundup image
    The 8 Best Economics Books of 2021
  • Close-Up of Artificial American One Hundred Dollar Bill
    What Is Money?
  • Aerial view of midtown Manhattan at night
    Cost-Push Inflation vs. Demand-Pull Inflation: What's the Difference?
  • Trade Deficit: Advantages and Disadvantages
  • Law of Diminishing Marginal Utility Explained
  • GDP vs. GNP: What Are the Differences?
  • Understanding the Difference Between Moral Hazard and Adverse Selection
  • Cropped photo of a balance sheet containing numbers with some circled by a pen being held by someone
    Current Account Balance Definition
  • A woman's hand placing a coin on a large stack of coins
    What Is the Balance of Payments?
  • What Is the Quantity Theory of Money?
  • Female doctor talking with female patient in an exam room
    Adverse Selection Definition
  • Business Cycle Definition: How Is It Measured?
  • Coins
    Capital Definition: How It's Used & Main Types
  • Close up view of till receipts
    Consumer Price Index (CPI) Definition
  • Deficit
    Deficit Definition
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    Export Definition
  • Free Market Definition & Impact on the Economy
  • Gross Domestic Product (GDP) Definition
  • Keynesian Economics Definition: History & Theory
  • Law Of Supply Definition
  • Law of Supply & Demand Definition
  • Logistics and Transportation of International Container Cargo Ship and Cargo Plane
    Market Power Definition
  • Market Definition
  • Medium Of Exchange Definition
  • Milton Friedman Definition
  • Mixed Economic System Definition & Examples
  • Monopolistic Competition Definition
  • Multiplier Definition
  • Natural Unemployment Definition
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    Net Exports Definition
  • Physical Capital Definition
  • Price-Taker Definition
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    Quota Definition
  • GDP increase
    Real Gross Domestic Product (Real GDP) Definition
  • Standard of Living Definition
  • Adam Smith
    Adam Smith: The Father of Economics
  • Markets Open In New York After A Volatile Week
    Normative Economics Definition
  • Positive vs. Normative Economics: Key Differences
  • Economies of Scale or Economics of Scale
    Microeconomics vs. Macroeconomics: A Simple Guide
  • American Dream Definition: Can You Achieve It?
  • Large Stack of Files, Documents, Paperwork on Desk.
    Bureaucracy Definition
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    Creative Destruction Definition
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    Derived Demand Definition
  • Accounting
    Dumping Definition
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    Externality Definition & Examples
  • Friedrich Hayek
    Free Enterprise Defined
  • Gini Index Definition
  • Human Capital Definition
  • Invisible Hand Definition
  • Marginal Revenue Product (MRP) Definition
  • New York Stock Exchange
    Mass Production Definition
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    Purchasing Managers' Index (PMI) Definition
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    Raw Materials Definition
  • Scalability Definition
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    Seasonality Definition
  • Seigniorage Definition
  • Economics Basics
    Social Economics Definition
  • Terms of Trade – TOT Definition
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    Third World Definition
  • United Nations (UN) Definition
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