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economics is a theory of total spending in the economy (called aggregate demand) and its effects on output and inflation.Although the term has been used (and abused) to describe many things over the years, six principal tenets seem central to Keynesianism. The … The concept of rational
expectations has played a hugely important role in
economics over the years. Dealing with the origins and development of modern approaches to
expectations in micro and macroeconomics, this book makes use of primary sources and previously unpublished material from such figures as Hicks, Hawtrey and Hart.
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Game Theory for Applied Economists provides the reader with an approachable introduction to game theory through the description and solution of various canonical situations which can be analyzed through a …
Economics (/ ɛ k ə ˈ n ɒ m ɪ k s, iː k ə-/) is the social science that studies the production, distribution, and consumption of goods and services..
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions.
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Society of Government Economists Annual Conference invites papers and sessions on economic topics relating to 1) government programs or public policy at local, national and international levels, 2) improvements and changes in government economic surveys, data, and measures, and 3) research on microeconomic and macroeconomic trends and issues that inform and impact policy.
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Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory..
Behavioral economics is primarily concerned with the bounds of rationality of economic agents.Behavioral models typically integrate insights from psychology ...
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