Journal of Economic Literature

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Political economy Study of production, buying, and selling, and their relations with law, custom, and government

Political economy is the study of production and trade and their relations with law, custom and government; and with the distribution of national income and wealth. As a discipline, political economy originated in moral philosophy, in the 18th century, to explore the administration of states' wealth, with "political" signifying the Greek word polity and "economy" signifying the Greek word οἰκονομία. The earliest works of political economy are usually attributed to the British scholars Adam Smith, Thomas Malthus, and David Ricardo, although they were preceded by the work of the French physiocrats, such as François Quesnay (1694–1774) and Anne-Robert-Jacques Turgot (1727–1781).

In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of firms and markets. Industrial organization adds real-world complications to the perfectly competitive model, complications such as transaction costs, limited information, and barriers to entry of new firms that may be associated with imperfect competition. It analyzes determinants of firm and market organization and behavior on a continuum between competition and monopoly, including from government actions.

Public choice, or public choice theory, is "the use of economic tools to deal with traditional problems of political science". Its content includes the study of political behavior. In political science, it is the subset of positive political theory that studies self-interested agents and their interactions, which can be represented in a number of ways – using standard constrained utility maximization, game theory, or decision theory.

Monetary economics is the branch of economics that studies the different competing theories of money: it provides a framework for analyzing money and considers its functions, and it considers how money, for example fiat currency, can gain acceptance purely because of its convenience as a public good. The discipline has historically prefigured, and remains integrally linked to, macroeconomics. This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects.

National accounts Accounting for nations

National accounts or national account systems (NAS) are the implementation of complete and consistent accounting techniques for measuring the economic activity of a nation. These include detailed underlying measures that rely on double-entry accounting. By design, such accounting makes the totals on both sides of an account equal even though they each measure different characteristics, for example production and the income from it. As a method, the subject is termed national accounting or, more generally, social accounting. Stated otherwise, national accounts as systems may be distinguished from the economic data associated with those systems. While sharing many common principles with business accounting, national accounts are based on economic concepts. One conceptual construct for representing flows of all economic transactions that take place in an economy is a social accounting matrix with accounts in each respective row-column entry.

Personnel economics has been defined as "the application of economic and mathematical approaches and econometric and statistical methods to traditional questions in human resources management". It is an area of applied micro labor economics, but there are a few key distinctions. One distinction, not always clearcut, is that studies in personnel economics deal with the personnel management within firms, and thus internal labor markets, while those in labor economics deal with labor markets as such, whether external or internal. In addition, personnel economics deals with issues related to both managerial-supervisory and non-supervisory workers.

Philosophy and economics, also philosophy of economics, studies topics such as rational choice, the appraisal of economic outcomes, institutions and processes, and the ontology of economic phenomena and the possibilities of acquiring knowledge of them.

Articles in economics journals are usually given classification codes according to a system originated by the Journal of Economic Literature. The JEL is published quarterly by the American Economic Association (AEA) and contains survey articles and information on recently published books and dissertations. The AEA maintains EconLit, a searchable data base of citations for articles, books, reviews, dissertations, and working papers classified by JEL codes for the years from 1969. A recent addition to EconLit is indexing of economics-journal articles from 1886 to 1968 parallel to the print series Index of Economic Articles.

American Economic Association

The American Economic Association (AEA) is a learned society in the field of economics. Its aim is to stimulate high-quality economic research and debate via its own specialist journals, acknowledged in industry, business and academia. There are some 23,000 members.

Heterodox economics

Heterodox economics is any economic thought or theory that contrasts with orthodox schools of economic thought, or that may be beyond neoclassical economics. These include institutional, evolutionary, feminist, social, post-Keynesian, ecological, Georgist, Austrian, Marxian, socialist and anarchist economics, among others.

New institutional economics (NIE) is an economic perspective that attempts to extend economics by focusing on the institutions that underlie economic activity and with analysis beyond earlier institutional economics and neoclassical economics. It can be seen as a broadening step to include aspects excluded in neoclassical economics. It rediscovers aspects of classical political economy.

Justice in economics is a subcategory of welfare economics with models frequently representing the ethical-social requirements of a given theory, whether "in the large", as of a just social order, or "in the small", as in the equity of "how institutions distribute specific benefits and burdens". That theory may or may not elicit acceptance. In the Journal of Economic Literature classification codes 'justice' is scrolled to at JEL: D63, wedged on the same line between 'Equity' and 'Inequality' along with 'Other Normative Criteria and Measurement'. Categories above and below the line are Externalities and Altruism.

Public economics is the study of government policy through the lens of economic efficiency and equity. Public economics builds on the theory of welfare economics and is ultimately used as a tool to improve social welfare.

Rural economics is the study of rural economies, including:

Demographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics.

EconLit is an academic literature abstracting database service published by the American Economic Association. The service focuses on literature in the field of economics. EconLit covers articles and other materials dating back to 1969. It uses the JEL classification codes for classifying papers by subject.

<i>Review of Pacific Basin Financial Markets and Policies</i> Academic journal

The Review of Pacific Basin Financial Markets and Policies (RPBFMP) is an international journal covering interdisciplinary research in finance, economics and accounting, especially among the countries in the Pacific Rim. Launched in 1998, it is currently published by World Scientific. Topics include: business, economic and financial relations between countries; financial markets and industries; options and futures markets; global monetary and foreign exchange policy, and the like.

Cormac Ó Gráda is an Irish economic historian and professor emeritus of economics at University College Dublin. His research has focused on the economic history of Ireland, Irish demographic changes, the Great Irish Famine, and the history of the Jews in Ireland.

The East Asian Economic Review is a quarterly peer-reviewed academic journal on economics and the economy of East Asia. It is published by the Korea Institute for International Economic Policy and was established in 1997 as the Journal of International Economic Studies and renamed Journal of East Asian Economic Integration in 2012, obtaining its current title in 2016. The editor-in-chief is Chul Chung.

John H. Pencavel is a British economist and academic, currently serving as Levin Professor of Economics (Emeritus) at Stanford University, having been at the institution since 1969. He is a Fellow of the Econometric Society (1993), Fellow of University College London (2001), Fellow of the Society of Labor Economists (2004), and Distinguished Fellow of the American Economic Association.


  1. 1 2 Journal of Economic Literature: About JEL, retrieved 6 May 2011.
  2. "Journal of Economic Abstracts". JSTOR . American Economic Association. Retrieved December 17, 2010.
  3. IDEAS/RePEc Simple Impact Factors for Journals