How does the work Economy

[unmerged(14429)]

How does the Economy work?

Im yet to find a comprehensive description of the economy, I want to understand how basic income trade income tax and population actually relate.
how do I increase my research speed? can i do it with merchants? can i do it with my vast army?

 

[unmerged(11105)]

Welcome Asmodeus.

Look in EU1 Discussions > FAQ forum for links. Huszics and Oranjes sites I found very useful. These guys were pioneers from 2001, and I haven't seen any better FAQs.

Note that each of the three income types has a multiplier - the multiplier value depends on stability or infratructure tech level or trade tech level. Unless you need to raise troops for war, I suggest leaving most/all monthly income aside for tech level/ stability advancement, and relying on yearly income to fund new troops, navies, colonists, traders, gifts and officials. However, you will probably need to convert some income into cash to build manufactories. These manufactories can have a significant effect on tech level increases if built in the first half of the game.

P.S. I just checked Oranjes link, seems to be dead. If you P.M. me your eMail address I can send you a Word version with parts of his FAQ.

Are you new to the game? or just new to the forum?