Outline of economics
The following outline is provided as an overview of and topical guide to economics:
Economics – analyzes the production, distribution, and consumption of goods and services. It aims to explain how economies work and how economic agents interact.
Nature of economics
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 specialise 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 sociology-related scientific journals.
- Social science – field of academic scholarship that explores aspects of human society.
Essence of economics
Branches of economics
Subdisciplines of economics
Methodologies or approaches
Multidisciplinary fields involving economics
Types
An economy is the system of human activities related to the production, distribution, exchange, and consumption of goods and services of a country or other area.
Economies, by political & social ideological structure
Economies, by scope
Economies, by regulation
Market forms
Main article:
Market form
- 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.
Economics by region
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Sovereign states |
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Dependencies and
other territories |
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History
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Current nations/regions |
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Former industrialized economies |
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Historical economies |
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General concepts
See also
External links
Outlines
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