Economic Environment

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Economics
This article is about the social science that studies the Economy. For other meanings see Economy (disambiguation). Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek for oikos (house) and nomos (custom or law), hence "rules of the house(hold)."
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Economic Environment
factors in the economy, such as inflation, unemployment, interest rates, etc., that influence the buying decisions of consumers and organisations.

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.

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