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economic theory

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1. (economics) a theory of commercial activities (such as the production and consumption of goods) (noun.cognition)
:theory,
definition: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 (noun.cognition)
:consumerism,
definition:the theory that an increasing consumption of goods is economically beneficial (noun.cognition)
:keynesianism,
definition:the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment (noun.cognition)
:liberalism,
definition:an economic theory advocating free competition and a self-regulating market (noun.cognition)
:malthusian theory, malthusianism,
definition:Malthus' theory that population increase would outpace increases in the means of subsistence (noun.cognition)
:monetarism,
definition:an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money (noun.cognition)
:economic science, economics, political economy,
definition:the branch of social science that deals with the production and distribution and consumption of goods and services and their management (noun.cognition)
:economic science, economics, political economy,
definition:the branch of social science that deals with the production and distribution and consumption of goods and services and their management (noun.cognition)

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