Gold - The WoW Economy

II. The WoW Economy

Before we go any further it is a good idea to gain a basic understanding of how the World of Warcraft Economy

works. With this basic knowledge you can begin to formulate new ideas to make gold! Who knows, some might even be

better than these (but probably not J)… Soooo here goes!

So what type of economy you say? Well from the start WoW has been a free market economy, and what’s great

about this system is it’s a game! So that means limits have been put in place to insure that people don’t get stabbed in

the back or robbed of their hard earned riches. While you might decide to beg or trade for your goods most people

prefer to complete their transaction through the driving force behind the WoW economy, The Auction House. It’s easy,

convenient, open 24/7, and charges fairly low tax for the items you sell. Of course, the auction house is not the only

way to make money. Other methods include simply grinding, running instances, street vending, and many others.

In addition, monopolies and cartels are illegal in most countries but they are perfectly acceptable in World of

Warcraft. That’s because World of Warcraft is designed in such a way that monopolies and cartels will actually help the

economy! Driving up prices stimulates economic growth and allows all players, not just you, the opportunity to make

more money. Who says crime and unfair business practice does pay? J It does in WoW!

It is also important to keep in mind the prices of goods on each server. Unfortunately the prices of items and

their rarity/demand differs from server to server (they really can’t make it easy can they!). So keep in mind that you

can’t simply take a look at the average prices posted on websites. Instead, look for the prices specific to your server to

determine what items to make and farm.