Outline of economics

Economics classes make extensive use of supply and demand graphs like this one to teach about markets. In this graph, S and D refer to supply and demand and P and Q refer to the price and quantity.

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.

Description of economics [ edit ]

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.

Branches of economics [ edit ]

  • 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.

Subdisciplines of economics [ edit ]

Methodologies or approaches [ edit ]

Multidisciplinary fields involving economics [ edit ]

Types of economies [ edit ]

Economysystem 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 [ edit ]

Economies, by scope [ edit ]

Economies, by regulation [ edit ]

Economic elements [ edit ]

Economic activities [ edit ]

Economic forces [ edit ]

Economic problems [ edit ]

Trends and influences [ edit ]

Economic measures [ edit ]

Economic participants [ edit ]

Economic politics [ edit ]

Economic policy [ edit ]

Economic policy

Infrastructure [ edit ]


Markets [ edit ]


Types of markets [ edit ]

Aspects of markets [ edit ]

Market forms [ edit ]

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.

Market-oriented activities [ edit ]

Money [ edit ]


Resources [ edit ]

Resource management [ edit ]

Resource management

Factors of production [ edit ]

Factors of production

Land [ edit ]


Labor [ edit ]
Capital [ edit ]


Economic theory [ edit ]

Economic ideologies [ edit ]

History of economics [ edit ]

History of economic thought [ edit ]

History of economic thought

Economic history [ edit ]

Economic history

General economic concepts [ edit ]

Economics organizations [ edit ]

Economics publications [ edit ]

Persons influential in the field of economics [ edit ]

Nobel Memorial Prize–winning economic historians [ edit ]

Other notable economic historians [ edit ]

See also [ edit ]

External links [ edit ]

What is this?