Updated Articles and Resources
- Toward a New Progressive MacroeconomicsCreated: 2009-12-13 @ 15:08:23 EST Updated: 2009-12-13 @ 15:21:32 EST
Toward a New Progressive Macroeconomics… - Opportunity Costs and TradeoffsCreated: 2009-11-29 @ 17:33:40 EST
An examination of opportunity costs and tradeoffs… - Supply and Demand - The BasicsCreated: 2009-11-29 @ 17:33:40 EST
The basics of Supply and Demand… - Market Distortions - Altering the Supply and Demand EquilibriumCreated: 2009-11-29 @ 17:33:40 EST
What happens when restrictions are placed on a market, preventing the market from reaching natural equilibrium?… - What Determines an Exchange RateCreated: 2009-11-29 @ 17:33:20 EST
A discussion for beginners that examines what determines an exchange rate or the value of a currency. Why do currencies go up and down?… - Compensating Variation - Dictionary Definition of Compensating Vari…Created: 2009-11-16 @ 12:26:27 EST
Compensating Variation Defined - A Dictionary Definition of Compensating Variation… - Price Elasticity - How to Use Cross Price and Own Price ElasticityCreated: 2009-10-31 @ 16:43:15 EDT Updated: 2009-10-31 @ 17:19:12 EDT
How to use measures of cross price and own price elasticity to determine how much a quantity will change. An example of a calculation… - Expansionary Monetary Policy, Aggregate Demand, and Inflation Adjust…Created: 2009-10-31 @ 14:09:29 EDT Updated: 2009-10-31 @ 15:23:27 EDT
An examination of what happens when we have cost of living allowances in an aggregate demand, aggregate supply model… - Criterion Function - Dictionary Definition of Criterion FunctionCreated: 2009-10-17 @ 15:38:15 EDT
Criterion Function Defined - A Dictionary Definition of Criterion Function … - Exogeneous - Dictionary Definition of ExogeneousCreated: 2009-10-17 @ 15:26:09 EDT
Exogeneous Defined - A Dictionary Definition of Exogeneous… - Indirect Utility Function - Dictionary Definition of Indirect Utilit…Created: 2009-10-17 @ 15:10:17 EDT
Indirect Utility Function Defined - A Dictionary Definition of Indirect Utility Function… - Monotone Transformation - Dictionary Definition of Monotone Transfor…Created: 2009-10-17 @ 14:36:47 EDT
Monotone Transformation Defined - A Dictionary Definition of Monotone Transformation … - Assume a Can Opener - Dictionary Definition of Assume a Can OpenerCreated: 2009-09-26 @ 13:42:33 EDT
Assume a Can Opener Defined - A Dictionary Definition of Assume a Can Opener… - Law of Demand - Dictionary Definition of Law of DemandCreated: 2009-09-26 @ 13:30:48 EDT
Law of Demand Defined - A Dictionary Definition of Law of Demand… - Illiquid Assets - Dictionary Definition of Illiquid AssetsCreated: 2009-09-26 @ 13:27:24 EDT
Illiquid Assets Defined - A Dictionary Definition of Illiquid Assets… - The Double Coincidence of Wants - Dictionary Definition of The Doub…Created: 2009-09-26 @ 13:27:04 EDT
The Double Coincidence of Wants Defined - A Dictionary Definition of The Double Coincidence of Wants … - One Economist's Thoughts On the Health Care DebateCreated: 2009-09-26 @ 13:25:21 EDT
How Can the U.S. Government Improve Health Care? What economic facts do we need to consider in the health care debate?… - Delta - Dictionary Definition of DeltaCreated: 2009-09-26 @ 13:13:52 EDT
Delta Defined - A Dictionary Definition of Delta… - Economic Environment - Dictionary Definition of Economic EnvironmentCreated: 2009-09-26 @ 12:40:03 EDT
Economic Environment Defined - A Dictionary Definition of Economic Environment… - Laspeyres Index - Dictionary Definition of Laspeyres IndexCreated: 2009-09-26 @ 12:19:42 EDT
Laspeyres Index Defined - A Dictionary Definition of Laspeyres Index… - Marginal Revenue - Dictionary Definition of Marginal RevenueCreated: 2009-09-13 @ 17:38:01 EDT
Marginal Revenue Defined - A Dictionary Definition of Marginal Revenue… - M2 Money Supply - Dictionary Definition of M2 Money SupplyCreated: 2009-09-13 @ 17:21:35 EDT Updated: 2009-09-13 @ 17:26:11 EDT
M2 Money Supply Defined - A Dictionary Definition of M2 Money Supply… - Marginal Analysis - Thinking at the MarginCreated: 2009-09-11 @ 09:18:54 EDT
A look at the use of marginal analysis in economics. An article for students new to economics… - Economics - The Basic AssumptionsCreated: 2009-09-11 @ 09:13:09 EDT
This article discusses the basic assumptions of any Economics 101 or 'Economics Principles' course… - What Is Dutch Disease - Your Dutch Disease Questions AnsweredCreated: 2009-07-20 @ 19:54:14 EDT Updated: 2009-07-20 @ 21:07:31 EDT
An article on Dutch Disease for beginners which answers the question: What is Dutch Disease?… - Money Supply - Dictionary Definition of Money SupplyCreated: 2009-07-20 @ 17:26:16 EDT
Money Supply Defined - A Dictionary Definition of Money Supply… - International Economics - Dictionary Definition of International Eco…Created: 2009-07-20 @ 16:21:15 EDT Updated: 2009-07-20 @ 16:51:08 EDT
International Economics Defined - A Dictionary Definition of International Economics… - New Economics Foundation - Dictionary Definition of New Economics Fo…Created: 2009-07-20 @ 15:32:30 EDT Updated: 2009-07-20 @ 15:33:24 EDT
New Economics Foundation Defined - A Dictionary Definition of New Economics Foundation… - Why Get an Economics Ph.D?Updated: 2009-11-29 @ 17:45:50 EST
Mike Moffatt examines a couple of blog discussions about who should consider attempting a Ph.D. in economics… - Fiscal Stimulus - Unlikely To Work in the Real WorldUpdated: 2009-11-29 @ 17:33:39 EST
An examination of why fiscal stimulus, while terrific in theory, is unlikely to work in practice… - Supply - The Economics of SupplyUpdated: 2009-11-29 @ 17:33:39 EST
Supply - what do economists mean when they use the term supply? A common sense discussion on the economic concept of supply… - Demand - The Economics of DemandUpdated: 2009-11-29 @ 17:33:39 EST
Demand - what do economists mean when they use the term demand? A common sense discussion on the economic concept of demand… - Should We Adjust Prices For InflationUpdated: 2009-11-29 @ 17:33:38 EST
Should We Adjust Prices For Inflation… - What Are The Key Ingredients of Fiscal Stimulus - What Does A Fiscal…Updated: 2009-11-29 @ 17:33:38 EST
A look at the features required of any fiscal stimulus plan - that is, any plan to increase government spending in order to stimulate the economy… - Bottle Water Bans and Substitution EffectsUpdated: 2009-11-29 @ 17:33:37 EST
As an economist who also supports environmental issues, I often get asked if it's hard to reconcile the two. I usually answer "not at all - many policies are both good economics and good for … - How Good Intentions Lead to Crushing Marginal Tax Rates on the Worki…Updated: 2009-11-29 @ 17:33:37 EST
A look at how social programs with clawback rates can create exceptionally high marginal tax rates… - Why Do We Use the Unemployment Rate?Updated: 2009-11-29 @ 17:33:37 EST
Economists, the media and the general public use the unemployment rate as the measure of the health of the labor market. But is it really the most useful measure?… - Getting the Most out of your Economics ClassUpdated: 2009-11-29 @ 17:33:36 EST
So you have enrolled in Economics? Great! Economics is an excellent way to impact of developments in business, society and the world economy. You can get an interesting job with a major in Econo… - Take Lecture Notes in Your Economics ClassUpdated: 2009-11-29 @ 17:33:36 EST
The best way to be ready for your economics exams is to take good notes of your economics lectures and your readings. This article focuses on lectures. If you follow the dos and don'ts in this ar… - Taking Reading Notes for Your Economics ClassUpdated: 2009-11-29 @ 17:33:36 EST
An article that discusses how to take economics notes from your economics textbook… - How Do High Small Business Corporate Tax Rates Hurt The Economy?Updated: 2009-11-29 @ 17:33:36 EST
We examine the idea that high taxes on small business are bad because they take away the resources a business needs to expand - a classic income effect. In this article we have a discussion of cor… - Will Higher Taxes on Gasoline Lead to Higher Government Spending?Updated: 2009-11-29 @ 17:33:35 EST
An examination of the "starve the beast" phenomenon of taxation and government spending, in relation to gasoline taxes… - Gas Tax and Carbon Tax FAQUpdated: 2009-11-29 @ 17:33:35 EST
In response to a number of questions posed by reader Garth Brazelton on the issue of gas taxes and the Pigou Club, I've decided to create this list of frequently asked questions. The answers in thi… - Payroll Tax Reduction - One Approach to a Carbon TaxUpdated: 2009-11-29 @ 17:33:35 EST
Discussing a policy proposal - "A Green Employment Tax Swap: Using a Carbon Tax to Finance Payroll Tax Relief". While a good policy overall, it is likely not the best approach in impleme… - Elasticity Practice QuestionUpdated: 2009-11-29 @ 17:33:34 EST
A practice question about elasticities, such as income elasticity, price elasticity, and cross-price elasticity… - What's the Price Elasticity of Demand for Gasoline? (Hint: It isn't …Updated: 2009-11-29 @ 17:33:34 EST
price elasticity of demand, gasoline… - Globalization, Unemployment and Recessions. What Is the Link?Updated: 2009-11-29 @ 17:33:33 EST
Article examines the link between globalization and unemployment. Is there a link between globalization and the frequency of recessions?… - How Do You Measure the Size of the Economy?Updated: 2009-11-29 @ 17:33:33 EST
A discussion on how we measure how big the economy is and how it is performing… - One Student's PhD Economics ExperienceUpdated: 2009-11-29 @ 17:33:33 EST
One student describes his experiences as a PhD student in Economics… - Pigovian Taxes - Joining the Pigou ClubUpdated: 2009-11-29 @ 17:33:32 EST
A discussion of the use of Pigouvian taxes to generate revenue and reduce negative externalities such as pollution… - Is Economics Autistic? Can it Be Reformed?Updated: 2009-11-29 @ 17:33:32 EST
If we want economics to be more useful, that is to create more models which accurately describe "real world" phenomena, then we must use more accurate assumptions. There are quite a few … - Why Do Government Budget Deficits Grow During Recessions?Updated: 2009-11-29 @ 17:33:32 EST
A reader asks: "Why do government budget deficits grow during recessions?" We examine that question… - What's the Difference Between all the Interest Rates in the Newspape…Updated: 2009-11-29 @ 17:33:31 EST
What's the Difference Between all the Interest Rates in the Newspaper?… - Does the Superbowl Predict Economic Growth?Updated: 2009-11-29 @ 17:33:31 EST
We investigate the following claim: "When I was in school during an Economics lesson, I distinctly remember the professor talking about something called the Super Bowl effect. Basically, it g… - Why Does a Stock Go Down in Price When There Is a Big Sell Off?Updated: 2009-11-29 @ 17:33:30 EST
A reader asks: "Why does a stock go down in price when there is a big sell off or any selling for that matter? Meaning doesn't there have to be a buyer when there are sellers? So if people a… - What are Opportunity Costs?Updated: 2009-11-29 @ 17:33:30 EST
Article answers the question "What are Opportunity Costs?" for those new to economics… - Will Hurricane Katrina increase GDP?Updated: 2009-11-29 @ 17:33:30 EST
Article answers the question "I heard some estimates on tv that the cost of rebuilding New Orleans will be over $200 billion dollars and that the harm of the economy (gas price, shock, loss of… - The Effects of a Black Market Using Supply and DemandUpdated: 2009-11-29 @ 17:33:29 EST
We show through supply and demand analysis what happens when a black market is created… - The Life and Works of David Ricardo - A Biography of David RicardoUpdated: 2009-11-29 @ 17:33:28 EST
A short biography of economist David Ricardo… - The Life and Works of Jean-Baptiste Say - A Biography of Jean-Baptis…Updated: 2009-11-29 @ 17:33:28 EST
A short biography of economist Jean-Baptiste Say… - The Life and Works of Irving Fisher - A Biography of Irving FisherUpdated: 2009-11-29 @ 17:33:28 EST
A short biography of economist Irving Fisher… - 10 Supply and Demand Practice QuestionsUpdated: 2009-11-29 @ 17:33:27 EST
10 practice supply and demand questions to help students study for tests… - The Life and Works of Adam Smith - A Biography of Adam SmithUpdated: 2009-11-29 @ 17:33:27 EST
A short biography of Scottish economist Adam Smith… - Supply & Demand Practice QuestionUpdated: 2009-11-29 @ 17:33:25 EST
In this article we go through 5 questions on supply & demand to illustrate how a student should answer these questions… - Marginal Revenue and Marginal Cost Practice QuestionUpdated: 2009-11-29 @ 17:33:25 EST
In this article we go through 5 questions on marginal revenues and marginal costs to illustrate how a student should answer these questions… - Fiscal Policy: Budget and TaxesUpdated: 2009-11-29 @ 17:33:24 EST
An examination of the role of government budgets and taxes in fiscal policy… - Unemployment Insurance in the United StatesUpdated: 2009-11-29 @ 17:33:24 EST
Information on unemployment insurance for Americans… - Purchasing Power Parity: Link Between Exchange Rates and InflationUpdated: 2009-11-29 @ 17:33:23 EST
A reader's response to the article "The Trade Deficit and Exchange Rates"… - Federal Efforts to Control MonopolyUpdated: 2009-11-29 @ 17:33:23 EST
A look at government efforts to control monopolies… - Monopolies, Mergers, and RestructuringUpdated: 2009-11-29 @ 17:33:23 EST
An examination of corporate mergers and monopolies… - Is the Canadian Dollar Going Up in Value, or Is the U.S. Dollar Goin…Updated: 2009-11-29 @ 17:33:22 EST
Article answers the question: I’ve noticed that the Canadian Dollar has increased in value quite a bit relative to the U.S. Dollar over the last few months. I was wondering if this was becaus… - Who Are These Nobel Prize Winning Economists Supporting Bush or Kerr…Updated: 2009-11-29 @ 17:33:22 EST
An article examining who the 10 Nobel Prize winnining economists supporting Kerry and the 6 Nobel Prize winning economists supporting Bush are… - Would 0% Unemployment Be a Good Thing?Updated: 2009-11-29 @ 17:33:21 EST
Article answers the question: "While a high unemployment rate indicates an economy in distress, is a 0% rate really ideal for a country? I realize that a tiny percentage of unemployed is inevi… - Do Richer People Pay a Higher Proportion of Tax Under a Flat Tax?Updated: 2009-11-29 @ 17:33:21 EST
Article examines what the flat tax is and how it impacts the amount of tax paid by a taxpayer. Examines the difference between marginal tax rates and effect tax rates… - Has Employment Decreased Over The Last 25 Years?Updated: 2009-11-29 @ 17:33:21 EST
Articles answers the question "I've heard though that the unemployment rate is a bad measure of how many people have jobs because there are so many people not counted in the statistic. Is it t… - Oregon's Mileage Tax: A Truly Bad IdeaUpdated: 2009-11-29 @ 17:33:20 EST
I try not to editoralize when I comment on public policy proposals. I try to give my readers the pros and cons of any potential new law and leave it up to the reader to form their own opinion with … - Should Governments Legalize and Tax Marijuana?Updated: 2009-11-29 @ 17:33:19 EST
The war on drugs is an expensive battle, as a great deal of resources go into catching those who buy or sell illegal drugs on the black market, prosecuting them in court, and housing them in jail. … - What Is International Economics?Updated: 2009-11-29 @ 17:33:19 EST
Article for beginners answers the question: What Is International Economics?… - What Are Interest Rates?Updated: 2009-11-29 @ 17:33:19 EST
Article for beginners answers the question: What are Interest Rates?… - What Are Game Theory and Bargaining Theory?Updated: 2009-11-29 @ 17:33:18 EST
Article for beginners answers the question: What Are Game Theory and Bargaining Theory?… - What Is Experimental Economics?Updated: 2009-11-29 @ 17:33:18 EST
Article for beginners answers the question: What Is Experimental Economics?… - Which Graduate Programs are Keynesian?Updated: 2009-11-29 @ 17:33:18 EST
A question posed by a reader: I'm a junior in economics and I'm researching grad schools. From reading your page I get the impression that if I'm interested in studying macroeconomics and I like Fr… - What Is Meant by Economic Schools of Thought?Updated: 2009-11-29 @ 17:33:17 EST
Article for beginners answers the question: What Is Meant by Economic Schools of Thought?… - What Is Econometrics?Updated: 2009-11-29 @ 17:33:17 EST
Article for beginners answers the question: What Is Econometrics?… - What Is Microeconomics?Updated: 2009-11-29 @ 17:33:17 EST
Article for beginners answers the question: What Is Microeconomics?… - What Are the Various Subfields of Economics?Updated: 2009-11-29 @ 17:33:17 EST
Article for beginners answers the question What Are the Various Subfields of Economics?… - What Is Economics?Updated: 2009-11-29 @ 17:33:16 EST
Article for beginners answers the question What is Economics?… - Using Calculus To Calculate Price Elasticity of SupplyUpdated: 2009-11-29 @ 17:33:16 EST
An article which explains how to calculate various elasticities using calculus. … -
Using Calculus To Calculate Price Elasticity of DemandUpdated: 2009-11-29 @ 17:33:15 EST
An article which explains how to calculate various elasticities using calculus. … - Using Calculus To Calculate Income Elasticity of DemandUpdated: 2009-11-29 @ 17:33:15 EST
An article which explains how to calculate various elasticities using calculus. … - Using Calculus To Calculate Cross-Price Elasticity of DemandUpdated: 2009-11-29 @ 17:33:15 EST
An article which explains how to calculate various elasticities using calculus. … - Should Income Tax Rates Depend on Lifetime Earnings?Updated: 2009-11-29 @ 17:33:14 EST
A look at Canadian Conservative leadership candidate Tomy Clement's policy proposal that would make an individual's income tax rate depend on lifetime earnings… - Exchange Rates and Commodity PricesUpdated: 2009-11-29 @ 17:33:14 EST
Over the last two years, the value of the Canadian Dollar has greatly appreciated relative to the American Dollar. In this article, we see if changes in commodity prices can explain the depreciatio… - What You Need to Know About Monopolies and Monopoly PowerUpdated: 2009-11-29 @ 17:33:14 EST
Article examines monopolies and companies in monopoly markets, and compares monopoly to oligopoly, monopolistic competition, and perfect competition… - How to Do a Painless Multivariate Econometrics ProjectUpdated: 2009-11-29 @ 17:33:13 EST
This article shows students how to complete a multivariate econometrics project without spending many sleepless nights trying to get it done. A must read for anyone who has to complete a multivaria… - Hypothesis Testing With Multivariate Regressions Using One-Sample t-…Updated: 2009-11-29 @ 17:33:13 EST
You've got your regression results, but what do you do with them? Here we show how to conduct a one-sample t-test after running a multivariate regression or multiple regression. … - Do Changes in Stock Prices Cause Recessions?Updated: 2009-11-29 @ 17:33:12 EST
Do Changes in Stock Prices Cause Recessions?… - What Is the Difference Between Relative PPP and Absolute PPP?Updated: 2009-11-29 @ 17:33:11 EST
Relative PPP vs. Absolute PPP. Definitions and descriptions. What Is the Difference Between Relative PPP and Absolute PPP?… - How To Write Different Types of Economics ExamsUpdated: 2009-11-29 @ 17:33:11 EST
How To Write Different Types of Economics Exams looks at three common types of economics exams and how you should approach writing them. … - The Trade Deficit and Exchange RatesUpdated: 2009-11-29 @ 17:33:11 EST
The Trade Deficit and Exchange Rates … - Hypothesis Testing Using One-Sample t-TestsUpdated: 2009-11-29 @ 17:33:10 EST
You've got your regression results, but what do you do with them? Here we show how to conduct a one-sample t-test. … -
How To Study For Your Economics Exam
Updated: 2009-11-29 @ 17:33:10 EST
How To Study For Your Economics Exam. Tips on how to study for your economics exam that is a few weeks away as well as tips on how to cram the night before, if necessary. … - A Beginner's Guide to Purchasing Power Parity Theory (PPP Theory)Updated: 2009-11-29 @ 17:33:09 EST
Article answers the question: "I am currently taking an economics class and we are now discussing purchasing power parity. I am lost, could you help me out?"… - Calculating and Understanding Real Interest RatesUpdated: 2009-11-29 @ 17:33:09 EST
"Calculating and Understanding Real Interest Rates" explains what the real rate of interest is and how it can easily be calculated. We also show how it can be used to make investment deci… - When Stock Prices Go Down, Where Does the Money Go?Updated: 2009-11-29 @ 17:33:08 EST
Article answers the question: This has always baffled me: When stocks take a beating, where does the lost money go? Example: Say I bought shares of AOL at $80, but the shares are now worth $15. In … - A Season Later: Baseball Players and Opportunity CostsUpdated: 2009-11-29 @ 17:33:08 EST
A Season Later: Baseball Players and Opportunity Costs is the sequel to "Baseball Players and Opportunity Costs". The article looks back at the decisions the Blue Jays made before the 200… - Why Not Just Print More Money?Updated: 2009-11-29 @ 17:33:08 EST
Article answers the question: "Can you help me find a "simple" way to explain why it is not a good idea to just print more money."… - If Banning Incandescent Light Bulbs Saves Money, Is It Good Public P…Updated: 2009-11-29 @ 17:33:07 EST
A discussion of the costs and benefits of banning incandescent light bulbs. A response to a comment on "Should Governments Ban the Incandescent Lightbulb?"… - Understanding Costs - How to Understand and Calculate Cost MeasuresUpdated: 2009-11-29 @ 17:33:07 EST
This article explains how to calculate marginal cost, total cost, fixed cost, total variable cost, average total cost, average fixed cost, and average variable cost using simple examples… - Arc ElasticityUpdated: 2009-11-29 @ 17:33:06 EST
Article gives a common-sense and easy to understand explanation of what arc elasticity is and how to calculate arc elasticity… - How to Do a Painless Econometrics ProjectUpdated: 2009-11-29 @ 17:33:06 EST
This article shows students how to complete an econometrics project without spending many sleepless nights trying to get it done. A must read for anyone who has to complete an econometrics term pap… - Price Elasticity of SupplyUpdated: 2009-11-29 @ 17:33:05 EST
Article gives a common-sense and easy to understand explanation of what price elasticity of supply is and how to calculate the price elasticity of supply… - Income Elasticity of DemandUpdated: 2009-11-29 @ 17:33:05 EST
Article gives a common-sense and easy to understand explanation of what income elasticity of demand is and how to calculate the income elasticity of demand… - Cross-Price Elasticity of DemandUpdated: 2009-11-29 @ 17:33:05 EST
Article gives a common-sense and easy to understand explanation of what the cross-price elasticity of demand is and how to calculate the cross-price elasticity of demand… - What Happens if Interest Rates Go To Zero?Updated: 2009-11-29 @ 17:33:04 EST
Can interest rates go to zero? Could they even be negative? I've heard that this has happened before. What would cause something like that to happen and what impact would it have on the economy?… - A Beginner's Guide to ElasticityUpdated: 2009-11-29 @ 17:33:04 EST
Article gives a common-sense and easy to understand explanation of what elasticity is and how to calculate the elasticities… - Price Elasticity of DemandUpdated: 2009-11-29 @ 17:33:04 EST
Article gives a common-sense and easy to understand explanation of what price elasticity of demand is and how to calculate the price elasticity of demand… - Where Can I Get Economics Department Rankings?Updated: 2009-11-29 @ 17:33:03 EST
"Where Can I Get Economics Department Rankings" looks at different lists which ranks graduate schools in economics. http://economics.about.com/cs/studentresources/a/grad_rankings.htm… - Economics Graduate School AtmosphereUpdated: 2009-11-29 @ 17:33:03 EST
Consider when choosing an economics department how important relationships with professors and fellow graduate students can be. That is, don't just look at the straight academics when choosing a sc… - Cost-Push Inflation vs. Demand-Pull InflationUpdated: 2009-11-29 @ 17:33:03 EST
We Answer The Question: What do the terms "Cost-Push Inflation" and "Demand-Pull Inflation" mean? What's the difference between the two. … - Why Study Economics?Updated: 2009-11-29 @ 17:33:02 EST
A reader asks: "Perhaps this is an unusual request. My daughter just completed first year of A levels. She will go for an Economics degree next year. She is required to make a write up and to … - Exchange Rates: What to Use as the Base?Updated: 2009-11-29 @ 17:33:02 EST
I want to be able to read exchange rate charts. I read A Beginner's Guide to Exchange Rates and the Foreign Exchange Market and I understand the lemons and oranges, but I am missing the base. If I … - Choosing a Graduate School in EconomicsUpdated: 2009-11-29 @ 17:33:02 EST
I am an MSc student in economics and I want to pursue a Ph.D. in economics in the United States. I want to follow a career in macroeconomics and econometrics. Can you recommend good pre-Ph.D. books… - What Is Arbitrage?Updated: 2009-11-29 @ 17:33:01 EST
Article answers the following question: What is arbitrage? What markets do arbitrageurs usually trade on? The answers to your arbitrage questions right here. … - What's the Difference Between Nominal and Real?Updated: 2009-11-29 @ 17:33:01 EST
Nominal vs. Real Question Answered: I'm learning economics and I keep hearing the terms nominal and real all the time to describe things like interes rates. What's the difference between nominal an… - A Beginner's Guide to Economic IndicatorsUpdated: 2009-11-29 @ 17:33:00 EST
I'm constantly hearing about economic indicators in the news, but I'm never sure what they're talking about. What are economic indicators and why are they important?… - More Books for Economics Graduate SchoolUpdated: 2009-11-29 @ 17:33:00 EST
Advice for a student considering entering graduate school in economics. The main advice is on books that you may want read for entering graduate school in economics… - How Markets Use Information To Set PricesUpdated: 2009-11-29 @ 17:32:59 EST
Prices, and changes in prices, convey a lot of information. From an informational standpoint, contingent contracts are very nice. The use of contingent contracts and prices are explained. … - Books to Study Before Going to Graduate School in EconomicsUpdated: 2009-11-29 @ 17:32:59 EST
Advice for a student considering entering graduate school in economics. The main advice is on books that you may want read for entering graduate school in economics… - The Logic of Collective ActionUpdated: 2009-11-29 @ 17:32:58 EST
Why do so many government policies make such little economic sense? The best answer I've seen to this question comes from The Logic of Collective Action. Mancur Olson's The Logic of Collective Acti… - What Is Deflation and How Can it Be Prevented?Updated: 2009-11-29 @ 17:32:57 EST
Deflation and Printing Money: Is the problem that there is more to printing money than printing money? Is in fact the way printed money gets into circulation, that the fed buys bonds, and thus get … - How to Ace Your Econometrics TestUpdated: 2009-11-29 @ 17:32:57 EST
Econometrics is the most difficult course for Economics majors. These tips should help you triumph over your Econometrics test. If you can ace Econometrics, you can pass any Economics course. … - What Is Inflation - Your Inflation Questions AnsweredUpdated: 2009-11-29 @ 17:32:57 EST
An article on inflation for beginners which answers the question: What is Inflation?… - Econometrics Term Paper IdeasUpdated: 2009-11-29 @ 17:32:56 EST
Do you have an econometrics project due ASAP, but don't know where to begin? Get all the information and data you need right here… - The Effect of Income Taxes on Economic GrowthUpdated: 2009-11-29 @ 17:32:56 EST
What effect do income taxes have on economic growth? Will lower income tax rates lead to higher growth, or will they just line the pockets of the rich?… - Instant Econometrics Project - Spending on ImportsUpdated: 2009-11-29 @ 17:32:55 EST
Do you have an econometrics project due ASAP, but don't know where to begin? Get all the information and data you need right here. Second topic: Personal Disposable Income and Spending on Imports… - Instant Econometrics Project - Okun's LawUpdated: 2009-11-29 @ 17:32:55 EST
Do you have an econometrics project due ASAP, but don't know where to begin? Get all the information and data you need right here. First topic: Okun's Law… - Why Don't Prices Decline During A Recession?Updated: 2009-11-29 @ 17:32:54 EST
When there is an economic expansion, demand seems to outpace supply, particularly for goods and services that take time and major capital to increase supply. As a result, prices generally rise (or … - FairTax - Income Taxes vs. Sales TaxesUpdated: 2009-11-29 @ 17:32:54 EST
Replacing the income tax with a sales tax (such as the FairTax) is a popular policy proposal. Here we look at the two different types of taxation and what the effect on the economy would be from a … - Recession? Depression? What's the difference between a recession and…Updated: 2009-11-29 @ 17:32:53 EST
How can I tell the difference between a recession and a depression? What is the definition of a recession? Of a depression? How can we tell when we're in a recession oe when we're going to get ou… - Economic Basics for Beginners in EconomicsUpdated: 2009-11-29 @ 17:12:54 EST
Economic Basics covers topics such as "What is Economics?" and "What are the various fields of Economics?". The user path contains a great deal of introductory information for … - What Is Macroeconomics?Updated: 2009-11-29 @ 17:01:49 EST
Article for beginners answers the question: What Is Macroeconomics?… - Stochastic Process - Dictionary Definition of Stochastic ProcessUpdated: 2009-10-25 @ 12:17:46 EDT
Stochastic Process Defined - A Dictionary Definition of Stochastic Process… - Stable Steady State - Dictionary Definition of Stable Steady StateUpdated: 2009-10-25 @ 12:13:23 EDT
Stable Steady State Defined - A Dictionary Definition of Stable Steady State… - A Nation of InvestorsUpdated: 2009-10-17 @ 16:20:08 EDT
An examination of the investing habits of Americans… - The New Economy - Dictionary Definition of The New EconomyUpdated: 2009-10-17 @ 16:19:28 EDT
The New Economy Defined - A Dictionary Definition of The New Economy… - How would a gas tax reduce consumption?Updated: 2009-10-17 @ 16:17:36 EDT
An answer to the question: "How would a gas tax reduce consumption?"… - Will Changing The Way Gas Is Taxed Have an Impact at the Pump?Updated: 2009-10-17 @ 16:17:21 EDT
Conservative Party of Canada Leader Stephen Harper vowed that if he were elected, his government would lower gasoline prices through two measures: Eliminating the so called "tax on tax" w… - Canadian Conservatives Promote Cutting Consumption TaxesUpdated: 2009-10-17 @ 16:17:10 EDT
In the United States, many conservatives are advocating replacing income taxes with sales taxes. In Canada, just the opposite - the Conservative Party is advocating a reduction in the existing fed… - New Technologies in the New EconomyUpdated: 2009-10-17 @ 16:16:56 EDT
A look at the development of new technologies and how they impact the economy… - What Will The Price of Oil Be 5 Years From Now?Updated: 2009-10-17 @ 16:16:41 EDT
We examine the question of "what the price of oil will be 5 years from now?" and think about how we can answer that question… - The Coase Theorem Issue 3 - Externalities Are Not the Same as Non-Ex…Updated: 2009-10-17 @ 16:13:20 EDT
Part 3 of the series about issues with the Coase theorem. The third item - The Coase theorem treats externalities the same as non-externalities - but they are very different in nature… - Taxes and Economic Growth ResponseUpdated: 2009-10-17 @ 16:13:09 EDT
A reader's response to the article "The Effect of Income Taxes on Economic Growth"[… - The New American Work ForceUpdated: 2009-10-17 @ 16:12:52 EDT
An examination of American labor at the start of the 20th century… - Ph.D in Economics - Tips for Applying to and Succeeding In a Ph.D Ec…Updated: 2009-10-17 @ 16:11:14 EDT
Many students consider completing a Ph.D. in economics. Is a Ph.D. in economics right for you? How can you better improve your odds of completing the program?… - Deregulating TransportationUpdated: 2009-10-17 @ 16:09:08 EDT
An examination of deregulation of the transportation industry in the 1970s and 1980s… - Economic Incidence - Why a Discussion of 'How Much Do The Rich Pay i…Updated: 2009-10-17 @ 16:08:14 EDT
A look at the topic of economic incidence in taxation… - Protecting the EnvironmentUpdated: 2009-10-17 @ 16:08:00 EDT
A look at the link between economy policy and the environment… - Labor Standards in AmericaUpdated: 2009-10-17 @ 16:07:44 EDT
An examination of labor standards in the United States… - A Student's Guide to the Great DepressionUpdated: 2009-10-10 @ 14:17:34 EDT
An examination of the Great Depression aimed towards students… - The Insanity of Parecon and the Importance of Efficiency of Speciali…Updated: 2009-10-10 @ 13:26:23 EDT
An examination of the 'parecon' or 'participatory economics' philosophy and just one of the many drawbacks it has. We also examine the importance of specialization… - Borel Sigma-Algebra - Dictionary Definition of Borel Sigma-AlgebraUpdated: 2009-10-02 @ 09:19:24 EDT
Borel Sigma-Algebra Defined - A Dictionary Definition of Borel Sigma-Algebra… - Yellow-Dog Contract - Dictionary Definition of Yellow-Dog ContractUpdated: 2009-10-02 @ 09:11:07 EDT
Yellow-Dog Contract Defined - A Dictionary Definition of Yellow-Dog Contract… - Deadweight Loss - Dictionary Definition of Deadweight LossUpdated: 2009-09-26 @ 13:43:01 EDT
Deadweight Loss Defined - A Dictionary Definition of Deadweight Loss… - Cartel - Dictionary Definition of CartelUpdated: 2009-09-26 @ 13:42:14 EDT
Cartel Defined - A Dictionary Definition of Cartel… - Economics - Dictionary Definition of EconomicsUpdated: 2009-09-26 @ 13:31:41 EDT
Economics Defined - A Dictionary Definition of Economics… - Markov Transition Matrix - Dictionary Definition of Markov Transitio…Updated: 2009-09-26 @ 13:31:38 EDT
Markov Transition Matrix Defined - A Dictionary Definition of Markov Transition Matrix… - Longitudinal Data - Dictionary Definition of Longitudinal DataUpdated: 2009-09-26 @ 13:30:22 EDT
Longitudinal Data Defined - A Dictionary Definition of Longitudinal Data… - Full Employment - Dictionary Definition of Full EmploymentUpdated: 2009-09-26 @ 13:27:40 EDT
Full Employment Defined - A Dictionary Definition of Full Employment… - Capitation - Dictionary Definition of CapitationUpdated: 2009-09-26 @ 13:26:44 EDT
Capitation Defined - A Dictionary Definition of Capitation… - Natural Experiment - Dictionary Definition of Natural ExperimentUpdated: 2009-09-26 @ 13:13:57 EDT
Natural Experiment Defined - A Dictionary Definition of Natural Experiment… - Demography - Dictionary Definition of DemographyUpdated: 2009-09-26 @ 12:40:25 EDT
Demography Defined - A Dictionary Definition of Demography… - Price Index - Dictionary Definition of Price IndexUpdated: 2009-09-26 @ 12:33:47 EDT
Price Index Defined - A Dictionary Definition of Price Index… - Barter Economy - Dictionary Definition of Barter EconomyUpdated: 2009-09-13 @ 16:30:07 EDT
Barter Economy Defined - A Dictionary Definition of Barter Economy… - What Is Money?Updated: 2009-09-13 @ 16:21:38 EDT
Article for beginners answers the question: What Is Money? After reading the article, you will be able to give a quick and correct answer to the question 'What Is Money?'… - Indifference Curves - How Do I Use and Understand Them?Updated: 2009-09-13 @ 14:53:42 EDT
Article examines the economic concept of indifference curves and shows students how they can use indifference curves to solve economic problems… - Budget Line - Dictionary Definition of Budget LineUpdated: 2009-09-13 @ 14:49:56 EDT
Budget Line Defined - A Dictionary Definition of Budget Line… - A Mixed Economy: The Role of the MarketUpdated: 2009-09-13 @ 14:28:13 EDT
A look at the mixed economy of the United States… - America's Capitalist EconomyUpdated: 2009-09-13 @ 14:10:20 EDT
An examination of the capitalist economy of the United States… - How Much Is the Per Capita Money Supply in the U.S.?Updated: 2009-09-09 @ 18:41:44 EDT
Here I answer the e-mail question "If all the money in the US was divided up evenly and given to every American over 21 or so, how much would each person get?" by examining the definition… - What Is the Demand For Money?Updated: 2009-09-09 @ 18:41:25 EDT
This question answers the questions: What is the demand for money? Does that change? The other three elements all make perfect sense to me but demand for money is confusing me to no end… - The Only Man in America Who Is Against the FairTaxUpdated: 2009-09-09 @ 18:41:04 EDT
One reader who dislikes the FairTax… - Peak Oil and the Oil Supply - How Likely Is Oil to Hit $100 a Barrel…Updated: 2009-09-09 @ 18:39:17 EDT
Peak Oil and the Oil Supply - How Likely is Oil to Hit $100 a Barrel in December, 2007? examines the probability that oil will reach $100 a barrel in December 2007… - What Is the Optimal Carbon Tax Rate?Updated: 2009-09-09 @ 18:35:34 EDT
Why do we insist that Pigovian taxes be neutral with respect to the economy, when we do not for any other form of tax?…