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You must display mastery of the material covered in class as well as appropriate usage of economic theory. It is easy to get confused about basic economics principles when writing about them; go ...
At that time, “doing good” was the important aspect of nonprofit work. Today, however, there is a stronger emphasis on “doing well while doing good” and the nonprofit sector pays greater attention to ...
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 ...
Scarcity explains a basic economic problem ... there will likely be more demand than supply. If economic theory holds true and supply remains the same, prices would likely increase.
This post examines the relevant economic theory. Part 2 will look at the evidence ... who contributed recently to a recent discussion of basic income proposals on Cato Unbound.
In the question of the day, a listener rejected the notion that you can only become wealthy if you take away wealth from ...
It is in cases like this that economists turn to econometrics. Econometrics uses economic theory, mathematics, and statistical inference to quantify economic phenomena. In other words, it turns ...
Instead, the listener believes that economic growth through innovation ... While the economy doesn't operate under the pie theory, you will see the pie theory in action. Ramsey gave gambling ...