Goods

goodeconomic goodcommodityproductGood (economics)merchandiseproductsconsumer goodsdry goodsgood or service
In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.wikipedia
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Utility

utility functionutility theoryutilities
In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.
Utility and indifference curves are used by economists to understand the underpinnings of demand curves, which are half of the supply and demand analysis that is used to analyze the workings of goods markets.

Commodity

commoditiescommodity pricescommodity good
A consumer good or "final good" is any commodity that is produced or consumed by the consumer to satisfy current wants or needs.
In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

Economics

economiceconomisteconomic theory
In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.
It is an economic process that uses inputs to create a commodity or a service for exchange or direct use.

Intermediate good

intermediateintermediate goodsproducer goods
For example, a microwave oven or a bicycle that is sold to a consumer is a final good or consumer good, but the components that are sold to be used in those goods are intermediate goods.
Intermediate goods, producer goods or semi-finished products are goods, such as partly finished goods, used as inputs in the production of other goods including final goods.

Product (business)

productproductsmerchandise
In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.
In economics and commerce, products belong to a broader category of goods.

Marginal utility

marginal benefitdiminishing marginal utilitymarginal revolution
Goods may increase or decrease their utility directly or indirectly and may be described as having marginal utility.
In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a goods or service is the change in the utility from an increase in the consumption of that good or service.

Value (economics)

valueeconomic valuemonetary value
Some things are useful, but not scarce enough to have monetary value, such as the Earth's atmosphere, these are referred to as 'free goods'.
Economic value is a measure of the benefit provided by a good or service to an economic agent.

Bad (economics)

badsbadeconomic bad
In economics, a bad is the opposite of a good.
An economic bad is the opposite of an economic good.

Substitute good

substitutessubstitutesubstitution
An elastic good is one for which there is a relatively large change in quantity due to a relatively small change in price, and therefore is likely to be part of a family of substitute goods; for example, as pen prices rise, consumers might buy more pencils instead.
A substitute good is a good that can be used in place of another.

Complementary good

complementary goodscomplementscomplementary
Complementary goods are generally more inelastic than goods in a family of substitutes.
In economics, a complementary good is a good whose appeal increases with the popularity of its complement.

Service (economics)

servicesserviceBusiness Services
A common distinction is made between goods that are tangible property, and services, which are non-physical.

Cross elasticity of demand

Cross (price) elasticity of demandcross price demand elasticitiescross price elasticity
The degree to which a good is a substitute or a complement depends on its relationship to other goods, rather than an intrinsic characteristic, and can be measured as cross elasticity of demand by employing statistical techniques such as covariance and correlation.
In economics, the cross elasticity of demand or cross-price elasticity of demand measures the responsiveness of the quantity demanded for a good to a change in the price of another good, ceteris paribus.

Outline of economics

List of economics topicsEconomicsEconomic theory
Economics – analyzes the production, distribution, and consumption of goods and services.

Intangible good

intangible goodsintangible' goods
An intangible good is a good that does not have a physical nature, as opposed to a physical good (an object).

Goods and services

goods or servicesgood or servicegoods, services,
Goods are items that are usually (but not always) tangible, such as pens, salt, apples, and hats.

Ownership

ownerownersown
Goods, both tangibles and intangibles, may involve the transfer of product ownership to the consumer.
Personal property may be classified in a variety of ways, such as goods, money, negotiable instruments, securities, and intangible assets including choses in action.

Price elasticity of demand

price elasticityinelasticinelastic demand
Price elasticity also differentiates types of goods.

Want

Wantshuman wantsreal estate desirability
In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.

Consumer

consumersconsumer marketend consumer
In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product. A consumer good or "final good" is any commodity that is produced or consumed by the consumer to satisfy current wants or needs.

Tangible property

tangiblematerial goodtangible assets
A common distinction is made between goods that are tangible property, and services, which are non-physical.

Private good

private goodsprivateprivate consumption
Private goods are things owned by people, such as televisions, living room furniture, wallets, cellular telephones, almost anything owned or used on a daily basis that is not food related.

Microwave oven

microwavemicrowave ovensmicrowaving
For example, a microwave oven or a bicycle that is sold to a consumer is a final good or consumer good, but the components that are sold to be used in those goods are intermediate goods.

Bicycle

bicyclesbikecycle
For example, a microwave oven or a bicycle that is sold to a consumer is a final good or consumer good, but the components that are sold to be used in those goods are intermediate goods.

Textile

textilesfabriccloth
For example, textiles or transistors can be used to make some further goods.

Transistor

transistorstransistorizedsilicon transistor
For example, textiles or transistors can be used to make some further goods.