Question: What Are the Various Subfields of Economics?
Answer: Economics has many subfields, depending on how finely you wish to divided the science. A useful classification system is provided by The Journal of Economic Literature. Here are some of the subfields that the JEL identifies; you can learn more about each one by clicking on its name:
- Mathematical and Quantitative Methods
- Econometrics
- Game Theory and Bargaining Theory
- Experimental Economics
- Microeconomics
- Macroeconomics and Monetary Economics
- The Business Cycle
- Money and Interest Rates
- International Economics and International Trade
- Finance and Financial Economics
- Public Economics, Taxation, and Government Spending
- Health, Education, and Welfare
- Labor and Demographic Economics
- Law and Economics
- Industrial Organization
- Business Administration and Business Economics; Marketing; Accounting
- Economic History
- Economic Development, Technological Change, and Growth
- Economic Systems
- Agricultural and Natural Resource Economics
- Urban, Rural, and Regional Economics