Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested for ...

The tortuous times of the past two years, with nations embroiled in economic crisis, have revived an old battle between macroeconomic theories. Huge differences have evolved between political leaders ...

Discover how econometricians use math and statistics to analyze and predict economic trends, serving in finance and academia ...

Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...

Non-cooperative game theory is often associated with strategic standoffs and rational self-interest. Yet beneath the surface lies a powerful tool for understanding how independent decisions can still ...

View post: Amazon is selling a $159 Swarovski bracelet for $95 that's the perfect Valentine's Day gift Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic ...

The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...

Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...

This is a preview. Log in through your library . The Delhi School of Economics began in 1949 when a group of visionaries led by Professor V.K.R.V. Rao and supported by India's first Prime Minister ...

On Aug. 15, 1947, British colonial rule in South Asia officially ended. The four independent states that eventually emerged in its place — India, Pakistan, Sri Lanka, and Bangladesh — all faced urgent ...