Politics and Economics of the Near and Middle East

Economics () is the social science that studies the production, distribution, and consumption of goods and services.

The Middle East is a transcontinental region centered on Western Asia, Turkey (both Asian and European), and Egypt (which is mostly in North Africa). The corresponding adjective is Middle Eastern and the derived noun is Middle Easterner. The term has come into wider usage as a replacement of the term Near East (as opposed to the Far East) beginning in the early 20th century.

Politics (from Greek: πολιτικά, translit. Politiká, meaning "affairs of the cities") is the process of making decisions that apply to members of a group.