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Economics (/ˌɛkəˈnɒmɪks, ˌiːkə-/) is a social science that studies the production, distribution, and consumption of goods and services.
History, Economy, Science & Products
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economic market economy production theory output price demand labour policy goods income economists capital may supply one markets include growth
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Economics | is a | study of man in the ordinary business of life | 0.90 | text |
| Economics | is a | science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.Robbins described the definition as not classificatory in | 0.90 | text |
| Economics | is a | science which studies human behavior as a relationship between ends and scarce means which have alternative uses | 0.90 | text |
| Economics | is a | application of mathematical methods to represent theories and analyse problems in economics | 0.90 | text |
| Economics | is a | unknown prospect of gain or loss | 0.90 | text |
| Economics | is a | branch of economics that studies the economic activities of the public sector | 0.90 | text |
| Economics | is a | normative branch of economics that uses microeconomic techniques to simultaneously determine the allocative efficiency within an economy and the income distribution associated w… | 0.90 | text |
| Economics | is a | broad scientific subject area which includes topics related to energy supply and energy demand | 0.90 | text |
| a steady rate of money growth.Monetarism rose to prominence in the 1970s | instance of | advocating instead using simple rules | 0.80 | text |
| 1980s | instance of | advocating instead using simple rules | 0.80 | text |
| when several major central banks adopted monetarist-inspired policies | instance of | advocating instead using simple rules | 0.80 | text |
| but it was later abandoned because the results were unsatisfactory.New classical economicsA more fundamental challenge to the prevailing Keynesian paradigm emerged in the 1970s from new classical economists such as Robert Lucas | instance of | advocating instead using simple rules | 0.80 | text |
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