Trending Economic Concepts this month
The 100 most-viewed economic concepts this month on Wikipedia. Ranked by real-world attention. Top: inflation.
100
Ranked
134,646
Total Views (this month)
1
inflation
rise in price level in an economy over time
4,786
views
views
2
entrepreneurship
creation or extraction of economic value
4,601
views
views
3
autarky
characteristic of self-sufficiency, usually applied to political states or to their economic systems
4,386
views
views
4
product
anything that can be offered to a market
3,522
views
views
5
sales
exchange of goods for money over a targeted time period
3,373
views
views
6
businessperson
person involved in activities for the purpose of generating revenue
3,021
views
views
7
conspicuous consumption
concept in sociology and economy
2,876
views
views
8
arbitrage
capitalisation of risk-free opportunities in financial markets
2,828
views
views
9
derivative
financial instrument whose value is based on one or more underlying assets
2,799
views
views
10
capital expenditure
costs associated with the procurement and maintenance of, and improvements to, the fixed assets of an organisation
2,725
views
views
11
investment
commitment of resources to achieve later benefits
2,660
views
views
12
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
2,622
views
views
13
service
economic product that directly satisfies wants without producing a lasting asset
2,543
views
views
14
monopoly
market structure with a single firm dominating the market
2,512
views
views
15
means of production
reference to physical, non-human inputs used in production to produce wealth
2,381
views
views
16
Pareto efficiency
economic concept of a state in which no reallocation of resources can make everyone at least as well off
2,221
views
views
17
free market
form of market-based economy
2,096
views
views
18
commodity
fungible item produced to satisfy wants or needs
1,880
views
views
19
Gresham's law
monetary principle on circulating currency; "bad money drives out good"
1,852
views
views
20
opportunity cost
when presented with multiple opportunities, the cost of making a certain choice in comparison to its alternatives
1,796
views
views
21
distribution of wealth
spread of wealth in a society
1,761
views
views
22
industry
group of firms that produce a closely related set of raw materials, goods, or services
1,718
views
views
23
principal–agent problem
conflict of interest when one agent makes decisions on another's behalf
1,675
views
views
24
tropical fruit
fruits that typically grow in warm tropical climates
1,670
views
views
25
economies of scale
cost advantages that enterprises obtain due to size, throughput, or scale of operation
1,645
views
views
26
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
1,645
views
views
27
sericulture
process of silk production
1,635
views
views
28
degrowth
economic thinking questioning the benefits and sustainability of economic growth
1,588
views
views
29
capital
assets used for the production of goods and services
1,507
views
views
30
utility
concept in economics & game theory: a relative measure of happiness or satisfaction
1,500
views
views
31
insolvency
state of being unable to pay the debts at maturity by a person or company
1,489
views
views
32
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
1,410
views
views
33
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
1,401
views
views
34
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
1,392
views
views
35
energy returned on energy invested
ratio of acquired energy to the amount of energy spent to obtain this energy
1,392
views
views
36
hedge
investment position intended to offset potential losses or gains that may be incurred by a companion investment
1,391
views
views
37
economic sector
conceptual grouping of economic activities
1,374
views
views
38
goods
tangible or intangible thing, except a service, that satisfies human wants and provides utility
1,373
views
views
39
standard of living
level of ownership and consumption of goods and services
1,365
views
views
40
circular economy
regenerative system in which resource input and waste, emissions, and energy leakage, are minimised
1,347
views
views
41
credit
loan
1,290
views
views
42
goods and services
outcome of human efforts to meet the wants and needs of people
1,284
views
views
43
craft
field of work that requires particular skills and knowledge of skilled work
1,253
views
views
44
work
activities performed as a means of support
1,232
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
1,113
views
views
46
commodities market
trade with various types of energy on the energy market
1,102
views
views
47
secondary sector of the economy
industries that produce a finished, usable product or are involved in construction
1,093
views
views
48
human capital
knowledge, skills, training and similar concepts, in economics
1,052
views
views
49
Total addressable market
revenue opportunity available for a product or service
1,019
views
views
50
government debt
total financial liabilities of a government sector, accumulated through borrowing to cover past deficits when expenditures exceed revenues;
1,017
views
views
51
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
933
views
views
52
exploration–exploitation dilemma
decision-making tradeoff between relying on current best estimates and seeking more information
917
views
views
53
cash flow
movement of money into or out of a business, project, or financial product
915
views
views
54
current account
concept in international economics
915
views
views
55
vehicle insurance
type of insurance
908
views
views
56
lease
business contract between two parties, the lessor (owner) and lessee (user), for use of property
908
views
views
57
mode of production
Marxist term for way of producing goods
906
views
views
58
fungibility
property of a good whose individual units are essentially interchangeable
893
views
views
59
war reparations
compensation payments made after a war by the vanquished to the victors
866
views
views
60
tertiary sector of the economy
service sector, as opposed to raw materials & manufacturing
859
views
views
61
wastewater treatment
converting wastewater into an effluent for return to the water cycle
856
views
views
62
economic value
measure of the benefit provided by a good or service to an economic agent
842
views
views
63
contraband
item illegal to possess or sell because it is outlawed or was illegally obtained
837
views
views
64
consumer behavior
activities of individuals, groups, and organizations associated with the purchase, use and disposal of goods and services
824
views
views
65
scarcity
fundamental problem of economics where there are limited resources to fulfill society's unlimited wants
817
views
views
66
monetary cost
value of money that has been used up to produce something
808
views
views
67
Demurrage
cost associated with owning or holding currency over a given period
800
views
views
68
market environment
marketing term
788
views
views
69
value chain
functions of a company affecting its costs and quality and give it a competitive advantage
767
views
views
70
reimbursement
act of compensating someone for an out-of-pocket expense
749
views
views
71
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
744
views
views
72
retail banking
provision of services by a bank to individual consumers
744
views
views
73
vendor lock-in
dependency of customers on a vendor for products
733
views
views
74
economic profit
concept in economics
729
views
views
75
floating exchange rate
regime in which a currency's value is set by market
689
views
views
76
non-renewable resource
class of economic resources that natural processes do not readily replenish at practical rates
686
views
views
77
marginalism
concept in economics
666
views
views
78
defense spending
the amount of financial resources dedicated by a nation to raising and maintaining an armed forces
664
views
views
79
operating cost
ongoing cost for running a product, business, or system
642
views
views
80
share capital
portion of a company's equity that has been obtained by trading stock to a shareholder for cash
642
views
views
81
commercial broadcasting
practice of airing radio and television advertisements for profit
640
views
views
82
adult education
form of learning adults engage in beyond traditional schooling
638
views
views
83
housing
houses or buildings for sheltering people
633
views
views
84
wage labor
relationship where a worker sells labour to an employer
630
views
views
85
working capital
financial metric
614
views
views
86
financialization
use and increased use of finance and financial instruments at the expense of production processes
609
views
views
87
hardware store
store that sells household hardware for home improvement
601
views
views
88
financial transaction
agreement, or communication, carried out between a buyer and a seller to exchange an asset for payment
595
views
views
89
efficient frontier
investment portfolios which occupy the 'efficient' parts of the risk-return spectrum;set of portfolios which satisfy the condition that no o
594
views
views
90
Susu
Informal savings and credits scheme
590
views
views
91
herd behavior
how individuals in a group can act collectively without centralized direction
549
views
views
92
market share
relative market adoption
536
views
views
93
energy flow
flow of energy through a food chain, and is the focus of study in ecological energetics
535
views
views
94
economic competition
rivalry between firms; ability of companies to take each others' market share in a given market
532
views
views
95
accounting equation
fundamental equation of the double-entry bookkeeping model
527
views
views
96
spread
difference between prices quoted for buying and selling a financial security
526
views
views
97
office of profit
a position that brings to the person holding it some financial gain, or advantage, or benefit
515
views
views
98
endogeneity
concept in econometrics
509
views
views
99
Knightian uncertainty
a lack of any quantifiable knowledge about some possible occurrence, as opposed to the presence of quantifiable risk, indicating some fundam
507
views
views
100
absolute advantage
economic concept
506
views
views