#economic_theory (economics) a theory of commercial activities (such as the production and consumption of goods)
supertype: theory a well-substantiated explanation of some aspect of the natural world; an organized system of accepted knowledge that applies in a variety of circumstances to explain a specific set of phenomena; "theories can incorporate facts and laws and tested hypotheses"; "true in fact and theory"
part of: economics
subtype: consumerism.economic_theory the theory that an increasing consumption of goods is economically beneficial
subtype: Keynesianism the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment
subtype: liberalism.economic_theory an economic theory advocating free competition and a self-regulating market and the gold standard
subtype: Malthusianism__Malthusian_theory Malthus' theory that population increase would outpace increases in the means of subsistence
subtype: monetarism an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money
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