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- Economics abstract "For a topical guide to this subject, see Outline of economics. Economics is the social science that studies economic activity to gain an understanding of the processes that govern the production, distribution and consumption of goods and services in an economy.The term economics comes from the Ancient Greek οἰκονομία from οἶκος (oikos, "house") and νόμος (nomos, "custom" or "law"), hence "rules of the house (hold for good management)". 'Political economy' was the earlier name for the subject, but economists in the late 19th century suggested "economics" as a shorter term for "economic science" to establish itself as a separate discipline outside of political science and other social sciences.Economics focuses on the behavior and interactions of economic agents and how economies work. Consistent with this focus, primary textbooks often distinguish between microeconomics and macroeconomics. Microeconomics examines the behavior of basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the entire economy (meaning aggregated production, consumption, savings, and investment) and issues affecting it, including unemployment of resources (labor, capital, and land), inflation, economic growth, and the public policies that address these issues (monetary, fiscal, and other policies).Other broad distinctions within economics include those between positive economics, describing "what is," and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational and behavioral economics; and between mainstream economics (more "orthodox" and dealing with the "rationality-individualism-equilibrium nexus") and heterodox economics (more "radical" and dealing with the "institutions-history-social structure nexus").Besides the traditional concern in production, distribution, and consumption in an economy, economic analysis may be applied throughout society, as in business, finance, health care, and government. Economic analyses may also be applied to such diverse subjects as crime, education, the family, law, politics, religion, social institutions, war, and science; by considering the economic aspects of these subjects. Education, for example, requires time, effort, and expenses, plus the foregone income and experience, yet these losses can be weighted against future benefits education may bring to the agent or the economy. At the turn of the 21st century, the expanding domain of economics in the social sciences has been described as economic imperialism. The ultimate goal of economics is to improve the living conditions of people in their everyday life.".
- Economics thumbnail GDP_growth_(annualized).png?width=300.
- Economics wikiPageExternalLink v=onepage&q&f=false.
- Economics wikiPageExternalLink data.worldbank.org.
- Economics wikiPageExternalLink economics.about.com.
- Economics wikiPageExternalLink edirc.repec.org.
- Economics wikiPageExternalLink thought.htm.
- Economics wikiPageExternalLink index.htm.
- Economics wikiPageExternalLink repec.org.
- Economics wikiPageExternalLink rfe.org.
- Economics wikiPageExternalLink unsd.
- Economics wikiPageExternalLink economics.
- Economics wikiPageExternalLink introduction_to_economics.
- Economics wikiPageExternalLink www.econlib.org.
- Economics wikiPageExternalLink othertl.htm.
- Economics wikiPageExternalLink economics.
- Economics wikiPageExternalLink materials.htm?category=2216.
- Economics wikiPageExternalLink statistics.
- Economics wikiPageExternalLink journals.htm.
- Economics wikiPageExternalLink newbooks.htm.
- Economics wikiPageID "9223".
- Economics wikiPageRevisionID "643367951".
- Economics about "yes".
- Economics by "no".
- Economics hasPhotoCollection Economics.
- Economics label "Economics".
- Economics onlinebooks "no".
- Economics others "no".
- Economics subject Category:Economic_theories.
- Economics subject Category:Economics.
- Economics subject Category:Economics_terminology.
- Economics subject Category:General_economics.
- Economics subject Category:Social_sciences.
- Economics type Thing.
- Economics comment "For a topical guide to this subject, see Outline of economics. Economics is the social science that studies economic activity to gain an understanding of the processes that govern the production, distribution and consumption of goods and services in an economy.The term economics comes from the Ancient Greek οἰκονομία from οἶκος (oikos, "house") and νόμος (nomos, "custom" or "law"), hence "rules of the house (hold for good management)".".
- Economics label "Ciències econòmiques".
- Economics label "Economia".
- Economics label "Economia".
- Economics label "Economics".
- Economics label "Economie".
- Economics label "Economía".
- Economics label "Ekonomia".
- Economics label "Ekonomia".
- Economics label "Ekonomie".
- Economics label "Ilmu ekonomi".
- Economics label "Közgazdaságtan".
- Economics label "Sciences économiques".
- Economics label "Wirtschaftswissenschaft".
- Economics label "İktisat (bilim dalı)".
- Economics label "Икономика (наука)".
- Economics label "Экономика (наука)".
- Economics label "経済学".
- Economics label "경제학".
- Economics seeAlso Circular_flow_of_income.
- Economics seeAlso Money.
- Economics seeAlso Welfare_economics.
- Economics sameAs Ekonomie.
- Economics sameAs Wirtschaftswissenschaft.
- Economics sameAs Οικονομικά.
- Economics sameAs Economía.
- Economics sameAs Ekonomia.
- Economics sameAs Sciences_économiques.
- Economics sameAs Ilmu_ekonomi.
- Economics sameAs Economia.
- Economics sameAs 経済学.
- Economics sameAs 경제학.
- Economics sameAs Economie.
- Economics sameAs Ekonomia.
- Economics sameAs Economia.
- Economics sameAs m.02j62.
- Economics sameAs Mx4rvqlEOpwpEbGdrcN5Y29ycA.
- Economics sameAs Q8134.
- Economics sameAs Q8134.
- Economics wasDerivedFrom Economics?oldid=643367951.
- Economics depiction GDP_growth_(annualized).png.
- Economics isPrimaryTopicOf Economics.