Economics (EC) performance indicators
45 performance indicators entries in the Economics area of our Business Management & Administration study dataset.
| Code | Indicator |
|---|---|
| EC:002 | Differentiate between economic goods and services |
| EC:003 | Explain what economic resources are |
| EC:001 | Define economics and economic activities |
| EC:004 | Determine how business activities create economic utility |
| EC:005 | Explain the fundamentals of supply and demand |
| EC:006 | Describe how prices function in marketplaces |
| EC:070 | Explain the role of businesses in society |
| EC:071 | Describe various types of business activities |
| EC:138 | Characterize different business models |
| EC:103 | Explain how businesses are organizationally structured |
| EC:104 | Discuss the global environment in which businesses operate |
| EC:105 | Describe factors that influence the business environment |
| EC:106 | Explain why business ethics are important |
| EC:107 | Explain how organizations adjust to current markets |
| EC:007 | Explain characteristics of various economic systems |
| EC:065 | Identify how small businesses and entrepreneurship impact market economies |
| EC:009 | Explain the concept of private enterprise |
| EC:010 | Identify factors influencing a business’s profitability |
| EC:011 | Determine elements that contribute to business risk |
| EC:012 | Explain dynamics of market competition |
| EC:008 | Determine how government and business interact |
| EC:072 | Describe how taxes function within an economy |
| EC:013 | Explain the concept of productivity |
| EC:014 | Analyze how specialization and division of labor influence productivity |
| EC:015 | Explain the roles of organized labor and business |
| EC:023 | Explain the effects of the law of diminishing returns |
| EC:081 | Discuss consumer spending as an economic indicator |
| EC:083 | Describe how inflation impacts businesses economically |
| EC:017 | Explain what Gross Domestic Product (GDP) represents |
| EC:082 | Discuss the effects of a nation’s unemployment rate on the economy |
| EC:084 | Explain how interest-rate changes affect businesses economically |
| EC:018 | Determine how business cycles influence business activities |
| EC:016 | Explain how global trade operates |
| EC:109 | Discuss globalization’s impact on business |
| EC:100 | Describe what determines exchange rates and their economic effects |
| EC:110 | Explain cultural factors that influence global business relations |
| EC:045 | Discuss how cultural and social environments affect global trade |
| EC:111 | Describe how electronic communication tools (Internet, video/web conferencing, email) affect global business activities |
| EC:112 | Explain how major trade alliances affect business operations |
| EC:113 | Describe how political environments influence world trade |
| EC:114 | Explain how geography impacts global trade |
| EC:115 | Describe how a country’s history impacts world trade |
| EC:116 | Explain how a country’s economic development influences world trade |
| EC:140 | Discuss how bribery and foreign monetary payments affect business |
| EC:141 | Identify requirements for international business travel (passport, visa, proof of citizenship, immunizations, sponsorship letters) |
More Business Management & Administration areas
- Business Law26 entries
- Communication Skills70 entries
- Customer Relations18 entries
- Emotional Intelligence85 entries
- Entrepreneurship4 entries
- Financial Literacy65 entries
- Human Resources4 entries
- Information Management139 entries
- Knowledge Management16 entries
- Marketing5 entries
- Operations163 entries
- Professional Development61 entries
About this study catalogue
This reference uses DecA(I)de's bundled deca-pis.json and
decaidevocab.json study datasets. Counts are entries, not unique
indicators or terms; the same item can appear in multiple groups. Code punctuation
and display formatting are normalized.
Personal Financial Literacy uses benchmark-style codes such as 4-1a,
distinct from business performance-indicator codes such as BL:003.
The bundled files do not include an edition, source-document citation or licensing
record. We have not verified every entry against current official wording.
Consult DECA's competitive-event resources
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