Eczema and psoriasis both involve noticeable skin inflammation. Many people confuse the two conditions due to their similar properties, but in reality they are completely different. Eczema symptoms include itchy, red, and dry skin caused by inflammation. Eczema is most commonly found in children, although adults can also suffer from the condition. Psoriasis is a chronic skin condition caused by an overactive immune system. Symptoms include flaking, inflammation, and thick, white, silvery, or red patches of skin.