production - (economics) manufacturing or mining or growing something (usually in large quantities) for sale; "he introduced more efficient methods of production"

Gresham's Law - (economics) the principle that when two kinds of money having the same denominational value are in circulation the intrinsically more valuable money will be hoarded and the money of lower intrinsic value will circulate more freely until the intrinsically more valuable money is driven out of circulation; bad money drives out good; credited to Sir Thomas Gresham

economic theory - (economics) a theory of commercial activities (such as the production and consumption of goods)

economic theory - (economics) a theory of commercial activities (such as the production and consumption of goods)

social science - the branch of science that studies society and the relationships of individual within a society

game theory, theory of games - (economics) a theory of competition stated in terms of gains and losses among opposing players

econometrics - the application of mathematics and statistics to the study of economic and financial data

finance - the branch of economics that studies the management of money and other assets

macroeconomics - the branch of economics that studies the overall working of a national economy

microeconomics - the branch of economics that studies the economy of consumers or households or individual firms

supply-side economics - the school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital and labor output by increasing the incentive to produce

spillover - (economics) any indirect effect of public expenditure

capital account - (economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities

economic consumption, use of goods and services, usance, consumption, use - (economics) the utilization of economic goods to satisfy needs or in manufacturing; "the consumption of energy has increased steadily"

utility - (economics) a measure that is to be maximized in any situation involving choice

marginal utility - (economics) the amount that utility increases with an increase of one unit of an economic good or service

productivity - (economics) the ratio of the quantity and quality of units produced to the labor per unit of time

monopoly - (economics) a market in which there are many buyers but only one seller; "a monopoly on silver"; "when you have a monopoly you can ask any price you like"

monopsony - (economics) a market in which goods or services are offered by several sellers but there is only one buyer

oligopoly - (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors

real - being value measured in terms of purchasing power; "real prices"; "real income"; "real wages"

nominal - being value in terms of specification on currency or stock certificates rather than purchasing power; "nominal or face value"

inflationary - associated with or tending to cause increases in inflation; "inflationary prices"

deflationary - associated with or tending to cause decreases in consumer prices or increases in the purchasing power of money; "deflationary measures"