The most famous economic theories Although you may know the greatest economists of all time, the best way to get to know these figures is to understand what their main economic theories were. When reading about the most common economic theories : You will improve your understanding of the main economic figures, such as Keynes, Friedman or Smith. You will become more familiar with…
10 famous examples of economic collapse While it is important to meet certain economists and their works, for example Keynes, Hayek, Marx or Friedman, it is also worth taking some time to investigate what happens to global and local economies when there is an economic collapse or other form of failure. From the market. Although there have…
The 10 most famous economics books There are many books on economics, and as a result, there are a wide variety of books that specialize in different niches. Therefore, you are sure to find the right book for you, if you want: Read a work on behavioral economics. Learn more about the history of the economy. Understand the key principles of macroeconomics ….
The 10 most famous economists in history Sure you have heard many of their names during your economics classes, but the fact is that while there are many famous economists , there are some who have shone in their field, such as: John Maynard Keynes. Milton Friedman. Adam Smith. Studying Keynes and Friedman is almost mandatory in any economics…
History of the Nobel Prize in Economics Regardless of whether economics is considered a natural science or a social science, the fact is that it is still classified as a science according to the Nobel Prize in Economics , as the full name is the Bank of Sweden Prize in Economic Sciences in memory of Alfred Nobel. Although…
Economics: theory or science? As we have seen before, there has been some debate within the economic community about what exactly the definition of economics is. However, that has not been the only debate on this field. One of the strongest debates in recent years revolves around whether economics should be considered a science , a social science,…
25 economic terms you should know If you want to expand your knowledge of economics, both to prepare for an exam, to learn more about the field in general, and to improve your grades, you must familiarize yourself with the most common economics terms . There are many terms in economics, such as: Bullish and bearish market….
Find your own definition The hard answer is that there is not really a definition of economics that can satisfy all economists or a definition that captures the study of the economy as a whole. However, the important thing for you as an economics student is to try and find a definition of economics that best…
What is the economy? Economics can be very difficult to define as a subject, which is not particularly helpful if you are currently studying economics in high school or college. Many economists have tried to come up with their own definition of economics , such as: Adam smith John Maynard Keynes Lionel robbins Whether you believe that…
What to consider when choosing a private economics professor? Once you have decided that you want to take private lessons, you should think about what kind of qualities your future private economics teacher should have . Although private tutors come from all backgrounds and levels of experience, the main characteristics that you should pay attention to are: The experience of…
