Economic Theory

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Classical Economics theory and Keynesian Economics theory

Classical Economics theory and Keynesian Economics theory

October 9, 2015

John Maynard Keynes s most influential work, The General Theory of Employment, Interest, and Money, was published in 1936. The book…

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Theory of demand and supply in Economics

Theory of demand and supply in Economics

August 28, 2015

Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Demand refers…

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Definition of Economic theory

Definition of Economic theory

August 21, 2014

Government policy for dealing with monopoly. Antitrust laws aim to stop abuses of market power by big companies and, sometimes, to…

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John Kenneth Galbraith Economic theory

John Kenneth Galbraith Economic theory

October 12, 2015

Galbraith is a critic of the neoclassical conventional wisdom : a set of ideas that is familiar to all, widely accepted, but no longer…

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Economic Choice theory

Economic Choice theory

September 3, 2015

An economic principle that assumes that individuals always make prudent and logical decisions that provide them with the greatest benefit…

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What is the Economic theory?

What is the Economic theory?

July 19, 2014

He carried under his arm a flat, grey portfolio of black-and-white sketches, which he had sold with more or less success to publishers…

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List of Economic theories

List of Economic theories

April 9, 2015

My passion is using field experiments to explore economic questions. I view field experiments as representing a unique manner in which…

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Economic theory of entrepreneurship

Economic theory of entrepreneurship

June 16, 2014

Entrepreneurial economics is the study of the entrepreneur and entrepreneurship within the economy. The accumulation of factors of…

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Trickle Down theory of Economics

Trickle Down theory of Economics

November 23, 2015

An economic idea which states that decreasing marginal and capital gains tax rates - especially for corporations, investors and entrepreneurs…

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Austrian theory of Economics

Austrian theory of Economics

October 18, 2015

If you carry the popular impression that data-hungry economists are always busy with complex formulas and not with outside-the-box…

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Books on Economic theory

Books on Economic theory

February 23, 2015

This is a list of important publications in economics, organized by field. Some reasons why a particular publication might be regarded…

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Utility theory in Economics

Utility theory in Economics

October 30, 2015

Photo by: JohnKwan Utility theory provides a methodological framework for the evaluation of alternative choices made by individuals…

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Rational Choice theory Economics

Rational Choice theory Economics

August 28, 2015

As different academic fields, political science and economics utilize different research methods and techniques of analysis. The study…

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Keynesian Economic theory suggests

Keynesian Economic theory suggests

December 14, 2015

John M Keynes The essential element of Keynesian economics is the idea the macro economy can be in disequilibrium (recession) for a…

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Economic rent theory

Economic rent theory

November 11, 2015

The Formulation of the Modern Theory of Rent: The Pessimists Ricardian and Malthus Rent Theory The problem of rent came full force…

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