Modern and Interdisciplinary Concepts in Economics
Classical economics often assumed that people make rational decisions and that markets always reach equilibrium. But the realities of everyday…
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Economic Indicators and Analytical Tools
The economy cannot be seen or touched, but it can be measured. To determine whether a country is on a path of growth or recession, whether people's…
What Is Macroeconomics?
If microeconomics is like observing the decisions of a consumer or company through a magnifying glass, macroeconomics is like flying in a high-flying airplane over the entire…
What is microeconomics?
Microeconomics* is the most fundamental branch of economics, dealing with individual decision-making and market behavior. It addresses questions you may have pondered…
What is the path to learning economics?
We engage with economics every day in our personal and social lives, even if we don’t realize it. From the simple decision to buy a bottle of water to evaluating the…