Trending Economic Concepts this year
The 100 most-viewed economic concepts this year on Wikipedia. Ranked by real-world attention. Top: inflation.
100
Ranked
245,644
Total Views (this year)
1
inflation
rise in price level in an economy over time
10,901
views
views
2
entrepreneurship
creation or extraction of economic value
8,191
views
views
3
autarky
characteristic of self-sufficiency, usually applied to political states or to their economic systems
7,483
views
views
4
product
anything that can be offered to a market
5,457
views
views
5
businessperson
person involved in activities for the purpose of generating revenue
5,258
views
views
6
service
economic product that directly satisfies wants without producing a lasting asset
5,148
views
views
7
investment
commitment of resources to achieve later benefits
5,062
views
views
8
derivative
financial instrument whose value is based on one or more underlying assets
5,044
views
views
9
arbitrage
capitalisation of risk-free opportunities in financial markets
4,972
views
views
10
conspicuous consumption
concept in sociology and economy
4,750
views
views
11
sales
exchange of goods for money over a targeted time period
4,676
views
views
12
monopoly
market structure with a single firm dominating the market
4,651
views
views
13
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
4,418
views
views
14
capital expenditure
costs associated with the procurement and maintenance of, and improvements to, the fixed assets of an organisation
4,250
views
views
15
Pareto efficiency
economic concept of a state in which no reallocation of resources can make everyone at least as well off
4,180
views
views
16
means of production
reference to physical, non-human inputs used in production to produce wealth
4,107
views
views
17
free market
form of market-based economy
3,680
views
views
18
commodity
fungible item produced to satisfy wants or needs
3,620
views
views
19
sericulture
process of silk production
3,616
views
views
20
Gresham's law
monetary principle on circulating currency; "bad money drives out good"
3,516
views
views
21
distribution of wealth
spread of wealth in a society
3,458
views
views
22
opportunity cost
when presented with multiple opportunities, the cost of making a certain choice in comparison to its alternatives
3,311
views
views
23
circular economy
regenerative system in which resource input and waste, emissions, and energy leakage, are minimised
3,184
views
views
24
energy returned on energy invested
ratio of acquired energy to the amount of energy spent to obtain this energy
3,050
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
3,039
views
views
26
degrowth
economic thinking questioning the benefits and sustainability of economic growth
3,036
views
views
27
principal–agent problem
conflict of interest when one agent makes decisions on another's behalf
2,957
views
views
28
capital
assets used for the production of goods and services
2,953
views
views
29
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
2,918
views
views
30
economies of scale
cost advantages that enterprises obtain due to size, throughput, or scale of operation
2,874
views
views
31
goods
tangible or intangible thing, except a service, that satisfies human wants and provides utility
2,844
views
views
32
work
activities performed as a means of support
2,680
views
views
33
tropical fruit
fruits that typically grow in warm tropical climates
2,659
views
views
34
insolvency
state of being unable to pay the debts at maturity by a person or company
2,652
views
views
35
industry
group of firms that produce a closely related set of raw materials, goods, or services
2,647
views
views
36
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
2,617
views
views
37
goods and services
outcome of human efforts to meet the wants and needs of people
2,550
views
views
38
utility
concept in economics & game theory: a relative measure of happiness or satisfaction
2,526
views
views
39
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
2,366
views
views
40
credit
loan
2,313
views
views
41
hedge
investment position intended to offset potential losses or gains that may be incurred by a companion investment
2,220
views
views
42
economic sector
conceptual grouping of economic activities
2,219
views
views
43
standard of living
level of ownership and consumption of goods and services
2,197
views
views
44
craft
field of work that requires particular skills and knowledge of skilled work
2,191
views
views
45
government debt
total financial liabilities of a government sector, accumulated through borrowing to cover past deficits when expenditures exceed revenues;
2,131
views
views
46
human capital
knowledge, skills, training and similar concepts, in economics
2,109
views
views
47
post-capitalism
economic concept including proposals for a new economic system to replace capitalism, or otherwise speculate on the fate of the current form
2,092
views
views
48
commodities market
trade with various types of energy on the energy market
1,901
views
views
49
tertiary sector of the economy
service sector, as opposed to raw materials & manufacturing
1,848
views
views
50
current account
concept in international economics
1,805
views
views
51
secondary sector of the economy
industries that produce a finished, usable product or are involved in construction
1,767
views
views
52
cash flow
movement of money into or out of a business, project, or financial product
1,738
views
views
53
consumer behavior
activities of individuals, groups, and organizations associated with the purchase, use and disposal of goods and services
1,710
views
views
54
mode of production
Marxist term for way of producing goods
1,710
views
views
55
value chain
functions of a company affecting its costs and quality and give it a competitive advantage
1,700
views
views
56
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
1,674
views
views
57
vehicle insurance
type of insurance
1,672
views
views
58
economic value
measure of the benefit provided by a good or service to an economic agent
1,651
views
views
59
war reparations
compensation payments made after a war by the vanquished to the victors
1,617
views
views
60
monetary cost
value of money that has been used up to produce something
1,603
views
views
61
fungibility
property of a good whose individual units are essentially interchangeable
1,592
views
views
62
lease
business contract between two parties, the lessor (owner) and lessee (user), for use of property
1,542
views
views
63
non-renewable resource
class of economic resources that natural processes do not readily replenish at practical rates
1,537
views
views
64
wastewater treatment
converting wastewater into an effluent for return to the water cycle
1,489
views
views
65
defense spending
the amount of financial resources dedicated by a nation to raising and maintaining an armed forces
1,407
views
views
66
economic profit
concept in economics
1,405
views
views
67
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
1,372
views
views
68
vendor lock-in
dependency of customers on a vendor for products
1,372
views
views
69
Total addressable market
revenue opportunity available for a product or service
1,368
views
views
70
Demurrage
cost associated with owning or holding currency over a given period
1,347
views
views
71
contraband
item illegal to possess or sell because it is outlawed or was illegally obtained
1,347
views
views
72
scarcity
fundamental problem of economics where there are limited resources to fulfill society's unlimited wants
1,344
views
views
73
floating exchange rate
regime in which a currency's value is set by market
1,330
views
views
74
reimbursement
act of compensating someone for an out-of-pocket expense
1,306
views
views
75
exploration–exploitation dilemma
decision-making tradeoff between relying on current best estimates and seeking more information
1,298
views
views
76
market environment
marketing term
1,284
views
views
77
retail banking
provision of services by a bank to individual consumers
1,269
views
views
78
share capital
portion of a company's equity that has been obtained by trading stock to a shareholder for cash
1,246
views
views
79
working capital
financial metric
1,235
views
views
80
trading venue
highly organized trading market
1,229
views
views
81
marginalism
concept in economics
1,227
views
views
82
hardware store
store that sells household hardware for home improvement
1,216
views
views
83
commercial broadcasting
practice of airing radio and television advertisements for profit
1,205
views
views
84
wage labor
relationship where a worker sells labour to an employer
1,173
views
views
85
economic competition
rivalry between firms; ability of companies to take each others' market share in a given market
1,152
views
views
86
adult education
form of learning adults engage in beyond traditional schooling
1,138
views
views
87
operating cost
ongoing cost for running a product, business, or system
1,090
views
views
88
housing
houses or buildings for sheltering people
1,089
views
views
89
energy flow
flow of energy through a food chain, and is the focus of study in ecological energetics
1,087
views
views
90
spread
difference between prices quoted for buying and selling a financial security
1,054
views
views
91
financialization
use and increased use of finance and financial instruments at the expense of production processes
1,053
views
views
92
financial transaction
agreement, or communication, carried out between a buyer and a seller to exchange an asset for payment
1,036
views
views
93
herd behavior
how individuals in a group can act collectively without centralized direction
1,026
views
views
94
market share
relative market adoption
994
views
views
95
incentive
something that motivates an individual to perform an action
964
views
views
96
ecosystem service
benefits created by nature, forests and environmental systems
955
views
views
97
creditor
person or organization that has a right to a benefit
953
views
views
98
overconsumption
situation where consumers overuse their available goods and services to where they do not want to replenish or reuse them and use of it outp
920
views
views
99
absolute advantage
economic concept
917
views
views
100
endogeneity
concept in econometrics
907
views
views