Economic Theory

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New Economic growth theory

New Economic growth theory

June 1, 2016

A central proposition of New Growth theory is that, unlike land and capital, knowledge is not subject to diminishing returns. The importance…

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Price theory Economics definition

Price theory Economics definition

May 16, 2016

This chapter consists of three parts. The first describes and defends some of the fundamental assumptions and definitions used in economics…

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Keynesian Economics theory definition

Keynesian Economics theory definition

May 8, 2016

An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed by the…

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Trickle Down Economics theory

Trickle Down Economics theory

May 4, 2016

In fact, researchers found that when the top earners in society make more money, it actually slows down economic growth. On the other…

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Dependency theory Economics

Dependency theory Economics

April 26, 2016

Dependency theory became popular in the 1960’s as a response to research by Raul Prebisch . Prebisch found that increases in the wealth…

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Economic deprivation theory

Economic deprivation theory

April 22, 2016

The link between economic conditions and crime has been explored directly or indirectly by a range of theories, including conflict…

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Economic theory of crime

Economic theory of crime

February 14, 2016

There is no widely accepted definition of economic crime, and it is impossible to enumerate briefly the various definitions, theories…

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Economic buyer theory

Economic buyer theory

February 6, 2016

As the discipline of consumer behavior has developed, various theories have contributed to understanding behavior. These include economic…

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Rational Economic theory

Rational Economic theory

November 14, 2015

In economics, game theory, decision theory, and artificial intelligence, a rational agent is an agent that has clear preferences, models…

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Economic interest groups theory

Economic interest groups theory

November 14, 2015

Shughart, William F. II 1. Interest Group Theory of Government in Developing Economy Perspective, in Institutions and Collective Choice…

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Demand theory in Managerial Economics

Demand theory in Managerial Economics

October 17, 2014

Managerial Economics: Demand Analysis Demand Demand is the quantity of good and services that customers are willing and able to purchase…

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Games theory Economics Examples

Games theory Economics Examples

November 16, 2014

Game theory explores the possible outcomes of a situation in which two or more competing parties look for the course of action that…

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Economic theory of wages

Economic theory of wages

January 13, 2016

Wage theory portion of economic theory that attempts to explain the determination of the payment of labour. A brief treatment of wage…

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Mathematical Optimization and Economic theory

Mathematical Optimization and Economic theory

October 29, 2014

Hide Description - Show Description Mathematical Optimization and Economic Theory provides a self-contained introduction to and survey…

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Evolutionary theory of Economic Change

Evolutionary theory of Economic Change

September 12, 2015

The publication of these two books is a landmark in the development of economic theory. Singly and jointly, they represent a fundamental…

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