economic theory

(economics) a theory of commercial activities (such as the production and consumption of goods)

• consumerism — the theory that an increasing consumption of goods is economically beneficial
• Keynesianism — the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment
• liberalism — an economic theory advocating free competition and a self-regulating market and the gold standard
• Malthusianism, Malthusian theory — Malthus' theory that population increase would outpace increases in the means of subsistence
• monetarism — an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money

• 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

• economics, economic science, political economy — the branch of social science that deals with the production and distribution and consumption of goods and services and their management