cs | en

Economic Goods

The term “goods” is one of the fundamental concepts of economic theory. It refers to objects (products, services), whose consumption or other use brings an utility to their users.

Economic theory distinguishes following types of goods:

  • Club goods
  • Common goods
  • Economic goods
  • Giffen goods
  • Inferior goods
  • Luxury goods
  • Necessary goods
  • Normal goods
  • Ordinary goods
  • Private goods
  • Public goods

Related terms and methods:

Related discipline:

Rating:
Only registered users can rate the article. Sign in Close
0
0
Last update: 18.04.2012