Outline of economics explained
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
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
- 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.
- Mesoeconomics In-between macroeconomics and microeconomics with a focus on the intermediate level of analysis.
Subdisciplines of economics
Methodologies or approaches
Interdisciplinary fields involving economics
Types of economies
See main article: Economy and Economic system.
Economy - 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
See also: Schools of economic thought.
Economies, by scope
Economies, by regulation
Economic elements
Economic activities
Economic forces
Economic problems
Trends and influences
Economic measures
Economic participants
Economic politics
Economic policy
Economic policy
Infrastructure
Infrastructure
Markets
Market
Types of markets
Aspects of markets
Market forms
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
Money
Money
Resources
Resource management
Resource management
Factors of production
Factors of production
Land
Land
Labor
Capital
Capital
Economic theory
Economic ideologies
History of economics
History of economic thought
History of economic thought
Economic history
Economic history
- Economic events
- Economic history by region
- Economic history by subject
General economic concepts
Economics organizations
Economics publications
Persons influential in the field of economics
Nobel Memorial Prize–winning economic historians
Other notable economic historians
See also
External links
