economics
DefinitionThe study of how the forces of supply and demand allocate scarce resources. Subdivided into microeconomics, which examines the behavior of firms, consumers and the role of government; and macroeconomics, which looks at inflation, unemployment, industrial production, and the role of government.
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economics is ...
... part of the Economy subject.
... part of the Economy subject.
... #35 on our list of the most popular terms.
... an essential investing term.
Related Terms
Reaganomics, supply-side economics, CFA, Chartered Financial Analyst, Chartered Investment Council, Chartered Life Underwriter, CIC, CLU, dismal science, economist and
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