Ekonomia

Ekonomia is a Finnish word directly translating to "economy" in English. It encompasses the study and management of resources, including production, distribution, and consumption of goods and services. It can refer both to the abstract discipline of economics, and to the state of a particular economic system (e.g., "the Finnish ekonomia"). The term covers a broad range of topics, including microeconomics (individual behavior and markets) and macroeconomics (aggregate economic phenomena like inflation, unemployment, and economic growth).