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Areas of Economics

Updated on May 25, 2009

Areas of Economics

Following are different areas, of economics.

Monetary Policy - the control of the amount of money circulating in the economy to influence interest rates, savings, investments, inflation rates, and growth rate

Public Finance - studies the economic impact of the government's monetary and fiscal policies

International Economics - focuses on the global economy, specifically on international trade and business

Economics of Labor - discusses the theory, state, and value of labor in a country's economy

Industrial Organization - is primarily concerned with the structure of the market, the role of the government, and the regulations for monopolies

Agricultural Economics - gives importance to the agricultural sector of the economy

Econometrics - uses data, statistics, or mathematics to study the theories of economics

Development Economics or Economic Development - studies the economic situation of developing countries such as those in Africa, Asia, and Latin America

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      GEO MOSAiC DiAZ 8 years ago

      YOU GiVE ME A SiGH .. THiNK i CAN'T FiND THiS STUFF .. i OWE FOR THiS , BECAUSE i'VE ALREADY DONE MY ASSiGNMENT .. THNAK YOU SO MUCH ..

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      NENFU@ UOT 6 years ago

      I've been looking for areas in economics and I found this one very helpful. It clarifys my understanding on the areas in the subject (Economics).

      THANKS VERY MUCH!

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      jofford 5 years ago

      plz gave an example..or senario in every area

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      Sadnan 5 years ago

      I want more areas of economics to complete my task.

    • profile image

      Rajib 5 years ago

      Its really very helpful

    • profile image

      Rabbi 5 years ago

      Thanks

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      ROOP SINGH MEENA` 4 years ago

      THAT THING HELP ME MORE UNDERSTANDING OF ECONOMICS

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