Economic Theory

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Theory of distribution Economics

Theory of distribution Economics

July 26, 2017

By “distribution” in the present context, we do not mean the distributive activities of traders and middlemen. “The economics of distribution…

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Liberal Economic theory

Liberal Economic theory

July 22, 2017

Rejecting modern constitutional thought, he argues that classical liberal theory also limits the use of tax revenue and prevents legislative…

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International Economics theory and Policy PDF

International Economics theory and Policy PDF

July 14, 2017

This book provides a comprehensive review of the theory of international trade and trade policy, including coverage of recent areas…

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Supply and demand theory Economics

Supply and demand theory Economics

July 10, 2017

In the context of supply and demand discussions, demand refers to the quantity of a good that is desired by buyers. An important distinction…

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Joseph Schumpeter Economic theory

Joseph Schumpeter Economic theory

June 28, 2017

One of the 20th century s great economic and political thinkers. Joseph Schumpeter is well known for his theory explaining the activities…

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Basic theory of Economics

Basic theory of Economics

June 24, 2017

Economics may appear to be the study of complicated tables and charts, statistics and numbers, but, more specifically, it is the study…

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Theory of firms Economics

Theory of firms Economics

June 20, 2017

A microeconomic concept founded in neoclassical economics that states that firms (corporations) exist and make decisions in order to…

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Keynesian Economic theory

Keynesian Economic theory

June 16, 2017

Is there a doctor in the house? The global economy is failing to thrive, and its caretakers are fumbling. Greece took its medicine…

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Economic equilibrium theory

Economic equilibrium theory

May 31, 2017

Andreu Mas-Colell has been doing pioneering work using differential topology in the analysis of general equilibrium. This work is regarded…

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Economic theory of Karl Marx

Economic theory of Karl Marx

May 15, 2017

That dream collapsed before the century had ended. The people of Poland, Hungary, Czechoslovakia, East Germany, Romania, Yugoslavia…

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Economic theories of the Firm

Economic theories of the Firm

May 11, 2017

What is a firm? This may not seem like a question in lack of an answer. In the United States, as in most other countries, it is a registered…

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What are the theories of Economics?

What are the theories of Economics?

May 7, 2017

Two major theories have been battling in America: Keynesian Economic Theory and the Chicago School Economic Theory propounded by the…

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Economic wave theory

Economic wave theory

May 3, 2017

Nikolai Dmyitriyevich Kondratieff (1892 - 1938) Who Was Kondratieff? To introduce the Kondratieff Theory, we must go back over seventy…

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Efficient market theory in Economics

Efficient market theory in Economics

April 29, 2017

The efficient markets hypothesis has historically been one of the main cornerstones of academic finance research. Proposed by the University…

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What is Economic growth theory?

What is Economic growth theory?

April 25, 2017

How do we measure and explain economic growth? This lesson will go through the various theories of economic growth which all try to…

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