| NOUN | cognition | economic science, economics, political economy | the branch of social science that deals with the production and distribution and consumption of goods and services and their management |
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| Meaning | The branch of social science that deals with the production and distribution and consumption of goods and services and their management. | |
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| Synonyms | economics, political economy | |
| Category of | 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 |
| capital account | (economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities | |
| consumption, economic consumption, usance, use, use of goods and services | (economics) the utilization of economic goods to satisfy needs or in manufacturing | |
| deflationary | associated with or tending to cause decreases in consumer prices or increases / increases in the purchasing power of money | |
| easy | Obtained with little effort or sacrifice, often obtained illegally | |
| easy | Less in demand and therefore / therefore readily obtainable | |
| economic theory | (economics) a theory of commercial activities (such as the production and consumption of goods) | |
| game theory, theory of games | (economics) a theory of competition stated in terms of gains and losses among opposing players | |
| inflationary | associated with or tending to cause increases / increases in inflation | |
| marginal utility | (economics) the amount that utility increases with an increase / increase of one unit of an economic good or service | |
| monopoly | (economics) a market in which there are many buyers but only one seller | |
| monopsony | (economics) a market in which goods or services are offered by several sellers but there is only one buyer | |
| moral hazard | (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance) | |
| nominal | Of, relating to, or characteristic of an amount that is not adjusted for inflation | |
| 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 / prices and affect competitors | |
| production | (economics) manufacturing or mining or growing something (usually in large quantities) for sale | |
| productivity | (economics) the ratio of the quantity and quality of units produced to the labor per unit of time | |
| real | Of, relating to, or representing an amount that is corrected for inflation | |
| spillover | (economics) any indirect effect of public expenditure | |
| tight | affected by scarcity and expensive to borrow | |
| utility | (economics) a measure that is to be maximized in any situation involving choice | |
| Parts | economic theory | (economics) a theory of commercial activities (such as the production and consumption of goods) |
| rent seeking, rent-seeking | (economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through production or trade | |
| Narrower | 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 | |
| Broader | social science | The branch of science that studies society and the relationships of individual within a society |
| Spanish | ciencias económicas, economía, económicas | |
| Catalan | ciències econòmiques, economia, econòmiques | |
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