Microeconomics and macroeconomics are two distinct branches of economics. Microeconomics focuses on individuals and groups, including companies, while macroeconomics looks at the behavior of national ...
Editor’s note: Dr. Mike Walden is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and is a regular contributor to WRAL TechWire. RALEIGH – Every time there ...
Economics can seem as if it is an obscure subject, in that you haven't had the chance to study it much, but parts of it can be very understandable. A simple definition of economics is the study of how ...
Imagine State Department heavyweight Anne-Marie Slaughter ’80 or Obama-era U.S. Trade Representative Michael Froman ’85 as students in what is now Princeton’s School of Public and International ...
PHYSICISTS look at the big world of planets, stars, galaxies, and gravity. But they also study the minute world of atoms and the tiny particles that comprise those atoms. Economists also look at two ...
Microeconomics explains how supply and demand determine prices; shifts in either affect pricing inversely. Investors gain from understanding microeconomics, identifying monopolistic markets and ...
Philosophy of Science, Vol. 51, No. 4 (Dec., 1984), pp. 573-594 (22 pages) This paper examines the relationship between modern theories of microeconomics and macroeconomics and, more generally, it ...
This course provides an introduction to the vital role of economics in the functioning and wellbeing of societies. This course will equip students with knowledge of the basic principles of ...