Economics
2022-09-01
Sustainable Development Goals (SDGs)
This article provides an overview of the Sustainable Development Goals (SDGs).
Economics
2022-06-19
Big Mac Index
This article explains the Big Mac Index, a tool that compares the prices of McDonald's Big Mac burgers across countries to gauge currency value.
Economics
Macroeconomics
2022-06-19
Mercantilism
This article explains the economic doctrine of mercantilism, its key principles, influential theorists, the impact on global trade and colonial expansion, criticisms, and the transition to classical economics.
Economics
Macroeconomics
2022-05-23
Romer Model
This article explains the Romer model of endogenous growth, its assumptions, components, and mathematical representation. It discusses limitations, and presents case studies on Silicon Valley, Asian Tigers, and EU policies influenced by the Romer model.
Economics
Macroeconomics
2022-05-23
Comparative Advantage
This article explains the concept of comparative advantage.
Economics
Macroeconomics
2022-05-23
Heckscher-Ohlin Theorem
This article explains the Heckscher-Ohlin theorem, its main concepts, assumptions, and applications.
Economics
Macroeconomics
2022-05-21
Solow Model
This article explains the Solow model, a neoclassical economic model that explains long-run economic growth.
Economics
Macroeconomics
2022-05-20
International Macroeconomics
This article explains international macroeconomics, delving into topics such as exchange rates, balance of payments, international trade, monetary policy, fiscal policy, and international financial markets.
Economics
Macroeconomics
2022-05-18
Gross Domestic Product (GDP)
This article explains the concept of Gross Domestic Product (GDP), its components, calculation methods, and its role in measuring economic health.
Economics
Macroeconomics
2022-05-15
Lorenz Curve and Gini Coefficient
This article explains the concepts of the Lorenz Curve and Gini Coefficient, providing insights into their construction, interpretation, calculation, and practical applications.
Economics
Macroeconomics
2022-04-23
Economics of Scale
This article explains Economies of Scale, discussing its definition, types, mechanisms, and case studies.
Economics
Macroeconomics
2022-04-21
Green Economy
This article explains the concept of the green economy, outlining its principles, key sectors, policy frameworks, and the pivotal role of innovation and technology.
Economics
Macroeconomics
2022-04-20
The New Deal
This article explains the New Deal during the Great Depression, introducing its policies and programs that reshaped America's economy and society.
Economics
Macroeconomics
2022-04-19
Gold Standard
This article provides an exploration of the gold standard, from its early historical origins to its functioning as a monetary system.
Economics
Macroeconomics
2022-04-17
Macroeconomics Models
This article introduces the evolution of macroeconomic models, from Classical to Agent-Based Models, explaining their theories, limitations, and impacts on economic understanding and policy-making.
Economics
Macroeconomics
2022-04-15
Inflation and Deflation
This article introduces inflation, deflation, and their historical impacts.
Economics
Macroeconomics
2022-04-13
Producer Price Index (PPI)
This article explains the Producer Price Index (PPI), an economic indicator that tracks wholesale prices.
Economics
Macroeconomics
2022-04-11
Consumer Price Index (CPI)
This article explains the Consumer Price Index (CPI) and its role in economic policy.
Economics
Macroeconomics
2022-04-11
Macroeconomics
This article provides an overview of macroeconomics, covering key concepts, models, policy issues, and the relevance of macroeconomics in the 21st century.
Economics
Macroeconomics
2022-04-10
The Great Depression
This article explains the Great Depression, the global crisis that shook the world in the early 20th century.
Economics
Macroeconomics
2022-04-09
Economics
This article explains the diverse types of economics, from macro and micro economics to applied economics.
Economics
2022-04-06
Willingness to Pay (WTP)
This article explains the concept of Willingness to Pay (WTP) in economics and marketing, exploring its psychological influences, such as perception, anchoring, social influence, conformity, and emotional drivers. It also discusses various methods for measuring WTP, including survey techniques like Contingent Valuation and Choice-Based Conjoint Analysis, as well as experimental approaches such as auctions and the Becker-DeGroot-Marschak mechanism.
Economics
2022-04-05
Random Utility Theory
This article delves into Random Utility Theory, a framework for understanding decision-making processes in diverse fields. Explore its fundamentals, including utility decomposition, functions, choice probabilities, and its various applications.
Economics
2022-04-04
Revealed Preference (RP) Survey
This article explains the Revealed Preference (RP) surveys, discussing their importance, design, practical applications, and potential challenges.
Economics
2022-04-04
Stated Preference (SP) Survey
This article offers an in-depth look at stated preference (SP) surveys, their importance in decision-making for businesses and policymakers, and the steps involved in designing, implementing, and analyzing these surveys to gain valuable insights into individuals' preferences and values.
Economics
2022-04-03
Independence of Irrelevant Alternatives (IIA)
This article describes the Independence of Irrelevant Alternatives (IIA) principle, its theoretical foundations, assumptions, limitations, and applications in various fields. It discusses the role of IIA in understanding human decision-making processes and its implications for designing systems, policies, and markets.
Economics
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