Economic Theory

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What is Price theory in Economics?

What is Price theory in Economics?

September 24, 2015

What Is “Price Theory”?: I have an unusual relationship to “price theory”. As far as I know I am the only economist under 40, with…

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Theories of consumption in Economics

Theories of consumption in Economics

September 21, 2015

Economists have developed three major theories of consumption and saving behavior: (1) The life-cycle hypothesis (Modigliani and Brumberg…

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Classical theories of Economics

Classical theories of Economics

January 10, 2016

Economists use two basic models to describe economic growth. In this lesson, you ll find out more about each one of these models using…

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Examples of Economic theory

Examples of Economic theory

October 9, 2015

We can start with the supposed benefits of our military and its 1, plus bases throughout the world. Were we to take the yearly cost…

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Theory of interest in Economics

Theory of interest in Economics

June 17, 2015

According to the classical theory, interest is the price paid for saving of capital. Like the value of other things, the price of saving…

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Journal of Economic theory Impact Factor

Journal of Economic theory Impact Factor

August 16, 2015

[Hide abstract] ABSTRACT: We establish that general discounted stochastic games with state transitions that are absolutely continuous…

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Economic Peace theory

Economic Peace theory

September 21, 2015

The capitalist peace , or capitalist peace theory , posits that according to a given criteria for economic development (capitalism)…

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Political Economy theories

Political Economy theories

May 24, 2015

Political economy has been the term used for the past 300 years to express the interrelationship between the political and economic…

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What is Classical Economic theory?

What is Classical Economic theory?

September 6, 2015

While macroeconomics as a discipline may have started with Keynes, he was not the first to think about issues involving the economy…

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Cobweb theory in Economics

Cobweb theory in Economics

December 26, 2015

The divergent case: each new outcome is successively further from the intersection of supply and demand. The cobweb model is based…

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