Economics is the social science that studies the production, distribution, and consumption of goods and services. By extension, economics also studies economic systems, human welfare, the creation and distribution of wealth, and the scarcity and alternative uses of resources. The following outline is provided as an overview of and topical guide to economics: [edit] Nature of economics - Main article: Economics
[edit] Branches of economics [edit] Subdisciplines of economics [edit] Methodologies of economics [edit] Multidisciplinary fields involving economics [edit] Types of economies An economy is the system of human activities related to the production, distribution, exchange, and consumption of goods and services of a country or other area. [edit] Economies, by scope [edit] Economies, by regulation [edit] Market forms Main article: 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.
[edit] Economics by region [edit] History of economics - Main article: History of economic thought
[edit] General economics concepts [edit] Economics scholars [edit] Economics lists - Main article: List of economics topics
[edit] See also [edit] External links [edit] General information [edit] Institutions and organizations [edit] Study resources
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