Economics forms the bedrock of the European Union, dictating policies that shape member states’ prosperity. Be it fiscal decisions or monetary strategies, economics holds sway. Delving into European economic terminology like “Eurozone” and “GDP growth,” unveils the EU’s economic roadmap. With the EU fostering cross-country trade and stability, a grasp of economic terms facilitates informed discussions on policies like the Recovery and Resilience Facility. As the EU strives to bolster economic resilience and sustainability, navigating its economic terrain through appropriate terminology becomes crucial for understanding its endeavours and implications.
In the official EuroVoc classification, EU legislation in the field of ECONOMICS is divided into 6 main domains with 18 sub-domains:
economic policy
- economic planning
- economic policy
- economic support
economic conditions
- economic cycle
- economic development
- economic conditions
regions and regional policy
- regional policy
- economic region
- European Region
economic structure
- economic system
- economic sector
- economy
national accounts
- income
- accounting system
- national accounts
economic analysis
- economic analysis
- economic forecasting
- statistics