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|Noun||1.||economic theory - (economics) a theory of commercial activities (such as the production and consumption of goods)|
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"
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
Malthusian theory, Malthusianism - 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