Home: Tag : Economics

To Shield our business from the economic downturns, its important to understand that how the world of economics operates, what the loop wholes and what alternate we can build upon to save our selves from the pains of recession.

Our current economic malaise is drawing attention to a new field of brain-chemistry research. It appears we can now deduce our risk taking tolerance by studying genetic makeup. Does this mean we could have avoided the current financial crisis?

Analysis of the society by political and economic thinkers led to development theories, which could not foresee the effects of these policies as evidenced today. The cardinal error by these theorists was the euro-centristic model -- nobody took what was happening in other cultures into consideration.

Entrepreneur's job is to combine the factors of production. Knowledge of economic laws and principles enables him to have an ideal combination of the different factors of production.

According to the largest news group of Germany, An economic advisor sees 700,000 Germans losing jobs in 2009.

According to Wikipedia happiness economics is the study of a country's well-being by combining economists' and psychologists' techniques. Up to a certain threshold, increases in incomes result in increases in happiness, but beyond a certain level, further increases in incomes do not lead to higher levels of happiness.

Two Bretton Woods institutions, the International Monetary Fund and the World Bank, may no longer be relevant in today’s economy. The extent of the current global financial crisis, it appeared that the analytical tools for understanding and managing the current system were inadequate.

UK is suffering from the deepest recession among the EU mature economies, with a contraction of one per cent next year and growth of only 0.4 per cent in 2010.

Fisher assumed that real income and the velocity of money would be static in the short-run, so, based on this theory, a change in price level could only be brought about by a change in money supply.