THERE is much to be said both for and against the method adopted by the late Dr. Pierson of treating Value in Exchange and Money first, and dealing afterwards with Production and Public Revenue in ...
Just how important is money? Few would deny that it plays a key role in the economy. During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...
Keynesian economics is an economic theory, and the basic premise is that aggregate demand serves as the primary driver of a nation’s economic activity and employment. This branch of economics ...
Behavioral economics uses an understanding of human psychology to account for why people deviate from rational action when they’re making decisions. In the model of rational action assumed by ...
The fundamental principles of economics are based on human nature and do not change regardless of how they are interpreted. People behave certain ways on an individual and societal level based on ...
As voters, it is also our job to learn some basic economics, at least enough to understand supply and demand for housing; the effect of tariffs, taxes and subsidies as tools; and the causes of ...
Health economics play an important role in making health systems more effective, efficient, and equitable. This e-Learning course provides the foundations for participants to better understand health ...