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Disruptive technologies such as AI, robotics, IoT and blockchain have the potential of transforming economic structures, business models, companies and jobs.
Preparing economic estimates such as these requires a host of analytical tools, from models of the U.S. economy to databases that allow the analyst to study the wealth holdings of all Americans.
IS and LM curves, their characteristics, and limitations to understand macroeconomic equilibrium in goods and money markets.
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Do Extreme Economic Models Matter? Explore Why Radical Systems Rise and Fail Throughout History
Extreme economic systems,whether it’s pure communism, radical socialism, or unregulated capitalism, often spark passionate ...
Economists develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables. For example, economists connect the ...
Some people seem to have gotten the idea, based on my arguments about the use of models to measure the effects of the stimulus, that I think economic modeling is useless. I don't. Models can be ...
This article is the second in a series in which President Matthew Scogin from Hope College will be exploring the ways that the economics of higher education influence the decisions students make about ...
All the latest science news on economic models from Phys.org. Find the latest news, advancements, and breakthroughs.
Life in three different economic futures: Resilience Economics, Just-in-Time Socialism, and Robonomics. Where do you want to live?
Via Ryan Avent, I came across this fascinating interview about why economic models always fail us in crisis. That's a big question, so fortunately the professor has a really great historical ...
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