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| | Economics |
 | | Economics may be applied to such diverse topics as the governance of production, distribution and consumption of wealth as well as the various related problems of finance, taxation, labor, law, poverty, pollution etc. |
 | | Economics is said to be positive when it attempts to explain the consequences of different choices given a set of assumptions and normative when it prescribes a certain route of action. |
 | | Stabilisation policy -- Economic growth -- Purchasing power parity -- supply side economics -- gold standard |
| www.teachersparadise.com /ency/en/wikipedia/e/ec/economics_1.html (1071 words) |
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