Trending Economic Concepts this month
The 100 most-viewed economic concepts this month on Wikipedia. Ranked by real-world attention. Top: inflation.
100
Ranked
103,757
Total Views (this month)
1
inflation
rise in price level in an economy over time
3,779
views
views
2
entrepreneurship
creation or extraction of economic value
3,627
views
views
3
autarky
characteristic of self-sufficiency, usually applied to political states or to their economic systems
3,405
views
views
4
businessperson
person involved in activities for the purpose of generating revenue
2,721
views
views
5
product
anything that can be offered to a market
2,450
views
views
6
conspicuous consumption
concept in sociology and economy
2,334
views
views
7
sales
exchange of goods for money over a targeted time period
2,253
views
views
8
arbitrage
capitalisation of risk-free opportunities in financial markets
2,219
views
views
9
derivative
financial instrument whose value is based on one or more underlying assets
2,209
views
views
10
investment
commitment of resources to achieve later benefits
2,092
views
views
11
price
quantity of payment or compensation given by one party to another in return for goods or services; the proposed value for such a quantity as
2,028
views
views
12
service
economic product that directly satisfies wants without producing a lasting asset
1,976
views
views
13
monopoly
market structure with a single firm dominating the market
1,937
views
views
14
capital expenditure
costs associated with the procurement and maintenance of, and improvements to, the fixed assets of an organisation
1,924
views
views
15
means of production
reference to physical, non-human inputs used in production to produce wealth
1,839
views
views
16
Pareto efficiency
economic concept of a state in which no reallocation of resources can make everyone at least as well off
1,692
views
views
17
free market
form of market-based economy
1,605
views
views
18
commodity
fungible item produced to satisfy wants or needs
1,492
views
views
19
Gresham's law
monetary principle on circulating currency; "bad money drives out good"
1,471
views
views
20
opportunity cost
when presented with multiple opportunities, the cost of making a certain choice in comparison to its alternatives
1,403
views
views
21
distribution of wealth
spread of wealth in a society
1,353
views
views
22
sericulture
process of silk production
1,315
views
views
23
industry
group of firms that produce a closely related set of raw materials, goods, or services
1,292
views
views
24
economies of scale
cost advantages that enterprises obtain due to size, throughput, or scale of operation
1,275
views
views
25
efficient-market hypothesis
economic theory that asset prices fully reflect all available information, so that it is impossible to "beat the market" consistently on a r
1,268
views
views
26
principal–agent problem
conflict of interest when one agent makes decisions on another's behalf
1,249
views
views
27
degrowth
economic thinking questioning the benefits and sustainability of economic growth
1,239
views
views
28
utility
concept in economics & game theory: a relative measure of happiness or satisfaction
1,171
views
views
29
insolvency
state of being unable to pay the debts at maturity by a person or company
1,151
views
views
30
energy returned on energy invested
ratio of acquired energy to the amount of energy spent to obtain this energy
1,145
views
views
31
bounded rationality
the idea that rationality is limited by the tractability of the decision problem, the cognitive limitations of the mind, and the time availa
1,144
views
views
32
capital
assets used for the production of goods and services
1,130
views
views
33
moral hazard
in economics, situation creating an incentive to take more risk (or otherwise change one's behavior) when another party will bear the costs
1,115
views
views
34
tropical fruit
fruits that typically grow in warm tropical climates
1,102
views
views
35
comparative advantage
in economics, the advantage one has over others in producing a particular good due to a lower relative marginal cost prior to trade
1,053
views
views
36
circular economy
regenerative system in which resource input and waste, emissions, and energy leakage, are minimised
1,051
views
views
37
goods
tangible or intangible thing, except a service, that satisfies human wants and provides utility
1,046
views
views
38
standard of living
level of ownership and consumption of goods and services
1,043
views
views
39
hedge
investment position intended to offset potential losses or gains that may be incurred by a companion investment
1,029
views
views
40
economic sector
conceptual grouping of economic activities
993
views
views
41
goods and services
outcome of human efforts to meet the wants and needs of people
988
views
views
42
craft
field of work that requires particular skills and knowledge of skilled work
986
views
views
43
credit
loan
971
views
views
44
work
activities performed as a means of support
965
views
views
45
post-capitalism
economic concept including proposals for a new economic system to replace capitalism, or otherwise speculate on the fate of the current form
892
views
views
46
commodities market
trade with various types of energy on the energy market
860
views
views
47
Total addressable market
revenue opportunity available for a product or service
803
views
views
48
secondary sector of the economy
industries that produce a finished, usable product or are involved in construction
802
views
views
49
human capital
knowledge, skills, training and similar concepts, in economics
796
views
views
50
government debt
total financial liabilities of a government sector, accumulated through borrowing to cover past deficits when expenditures exceed revenues;
769
views
views
51
vehicle insurance
type of insurance
745
views
views
52
lease
business contract between two parties, the lessor (owner) and lessee (user), for use of property
728
views
views
53
Homo economicus
concept in many economic theories of humans as rational and narrowly self-interested actors who have the ability to make judgments toward th
715
views
views
54
cash flow
movement of money into or out of a business, project, or financial product
710
views
views
55
exploration–exploitation dilemma
decision-making tradeoff between relying on current best estimates and seeking more information
700
views
views
56
current account
concept in international economics
697
views
views
57
tertiary sector of the economy
service sector, as opposed to raw materials & manufacturing
697
views
views
58
fungibility
property of a good whose individual units are essentially interchangeable
688
views
views
59
monetary cost
value of money that has been used up to produce something
685
views
views
60
mode of production
Marxist term for way of producing goods
678
views
views
61
wastewater treatment
converting wastewater into an effluent for return to the water cycle
658
views
views
62
contraband
item illegal to possess or sell because it is outlawed or was illegally obtained
646
views
views
63
war reparations
compensation payments made after a war by the vanquished to the victors
643
views
views
64
market environment
marketing term
640
views
views
65
scarcity
fundamental problem of economics where there are limited resources to fulfill society's unlimited wants
630
views
views
66
consumer behavior
activities of individuals, groups, and organizations associated with the purchase, use and disposal of goods and services
626
views
views
67
retail banking
provision of services by a bank to individual consumers
608
views
views
68
value chain
functions of a company affecting its costs and quality and give it a competitive advantage
607
views
views
69
economic value
measure of the benefit provided by a good or service to an economic agent
603
views
views
70
demand
in economics, the market force that causes buyers to be both willing and able to purchase a good or service, measured by the amount of that
570
views
views
71
vendor lock-in
dependency of customers on a vendor for products
566
views
views
72
reimbursement
act of compensating someone for an out-of-pocket expense
565
views
views
73
economic profit
concept in economics
562
views
views
74
floating exchange rate
regime in which a currency's value is set by market
550
views
views
75
Demurrage
cost associated with owning or holding currency over a given period
534
views
views
76
defense spending
the amount of financial resources dedicated by a nation to raising and maintaining an armed forces
517
views
views
77
adult education
form of learning adults engage in beyond traditional schooling
511
views
views
78
marginalism
concept in economics
510
views
views
79
share capital
portion of a company's equity that has been obtained by trading stock to a shareholder for cash
508
views
views
80
commercial broadcasting
practice of airing radio and television advertisements for profit
501
views
views
81
non-renewable resource
class of economic resources that natural processes do not readily replenish at practical rates
490
views
views
82
wage labor
relationship where a worker sells labour to an employer
484
views
views
83
housing
houses or buildings for sheltering people
478
views
views
84
operating cost
ongoing cost for running a product, business, or system
476
views
views
85
financialization
use and increased use of finance and financial instruments at the expense of production processes
466
views
views
86
working capital
financial metric
463
views
views
87
Susu
Informal savings and credits scheme
462
views
views
88
hardware store
store that sells household hardware for home improvement
460
views
views
89
financial transaction
agreement, or communication, carried out between a buyer and a seller to exchange an asset for payment
460
views
views
90
efficient frontier
investment portfolios which occupy the 'efficient' parts of the risk-return spectrum;set of portfolios which satisfy the condition that no o
431
views
views
91
market share
relative market adoption
426
views
views
92
herd behavior
how individuals in a group can act collectively without centralized direction
425
views
views
93
office of profit
a position that brings to the person holding it some financial gain, or advantage, or benefit
412
views
views
94
accounting equation
fundamental equation of the double-entry bookkeeping model
406
views
views
95
absolute advantage
economic concept
403
views
views
96
Knightian uncertainty
a lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk, indicating some fundam
400
views
views
97
endogeneity
concept in econometrics
393
views
views
98
energy flow
flow of energy through a food chain, and is the focus of study in ecological energetics
392
views
views
99
spread
difference between prices quoted for buying and selling a financial security
391
views
views
100
trading venue
highly organized trading market
389
views
views