This essay is about "Theories of Public Expenditure"
this article briefly described the different types of Oligopoly markets.
Amartya Sen’s capability theory sees development as expansion of people’s capabilities. It is a people centric multidimensional approach and goes well beyond economic growth.
Read through Anthony Downs' key points in An Economic Theory of Democracy in this long-form outline of his book
This hub briefly described the Traditional Theory of Cost. (Key Words: Cost, Implicit Cost, Explicit Cost, Short run cost, Long run costs, Opportunity Cost, Traditional Theory of Cost)
This hub is about "Big Push Theory" in Development Economics...
There are four types of demand namely Competitive Demand, Joint or Complementary Demand, Composite Demand and Derived Demand. Demand is the amount of a product buyers are willing and able to purchase at a given price over a particular period of...
Learn about why the decline in the “velocity of money” has been impeding economic growth for decades and why it is so important to increase movement of money to restore stronger economic growth.
According to October 11, 2006 news reports, the Federal deficit (the amount by which government spending exceeds tax and other government revenues) has shrunk to its lowest amount in four years. In addition to being good news, it also showed that...
Welcome to the Economic Way of Thinking. My name is Equilibrium and I will be your guide throughout a simplified economic experience. Just relax and we'll get through this together!