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1 year 6 months 1 year 6 months −25.2% −20.8% The period of 1893–1897 is seen as a generally depressed cycle that had a short spurt of growth in the middle, following the Panic of 1893. Production shrank and deflation reigned. [26] 1899–1900 recession June 1899 – December 1900 1 year 6 months 2 years −15.5% −8.8%
The Oxford Model or the Oxford macro econometric Model was created by Lawrence Klein and Sir James Ball. [1] It included a Phillips-type relation and led to an "explosion" of macroeconometric forecasting .
Oxford Economic Papers is a peer reviewed academic journal of general economics published by Oxford University Press since 1938. [1] References
Advanced Placement (AP) Microeconomics (also known as AP Micro) is a course offered by the College Board as part of the Advanced Placement Program for high school students interested in college-level coursework in microeconomics and/or gaining advanced standing in college.
Adam Smith pursued graduate studies at Balliol College in 1740 [2]. Despite the department's relatively recent establishment, Oxford has a long history within Economics. The 19th century saw an expansion of economics within Oxford, with political economy being offered as an option to Greats students, and the Drummond Chair in Political Economy being established in 1825 at All Souls College ...
Time on the Cross: The Economics of American Negro Slavery (1974) is a book by the economists Robert Fogel and Stanley L. Engerman.Fogel and Engerman argued that slavery was an economically rational institution and that the economic exploitation of slaves was not as catastrophic as presumed, because there were financial incentives for slaveholders to maintain a basic level of material support ...
Alexander Hamilton, a portrait by William J. Weaver now housed in the U.S. Department of State. In United States history, the Hamiltonian economic program was the set of measures that were proposed by American Founding Father and first Secretary of the Treasury Alexander Hamilton in four notable reports and implemented by Congress during George Washington's first term.
In sociology, the upper middle class of the United States is the social group constituted by higher-status members of the middle class in American society. This is in contrast to the term lower middle class, which refers to the group at the opposite end of the middle class scale. There is considerable debate as to how the upper middle class ...