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In economics, a Swan Diagram, also known as the Australian model (because it was originally published by Australian economist Trevor Swan [1] in 1956 to model the Australian economy during the Great Depression), represents the situation of a country with a currency peg. [2]
The data visualizations in Harvard Growth Lab’s Atlas of Economic Complexity map global trade, industrial capabilities, and economic dynamics for the world. The Atlas follows the Bustos-Yildirim Method for data cleaning the raw data that is reported the United Nations Statistical Division (COMTRADE) and the International Monetary Fund (IMF ...
In economics, the "J curve" is the time path of a country’s trade balance following a devaluation or depreciation of its currency, under a certain set of assumptions. A devalued currency means imports are more expensive, and on the assumption that the volumes of imports and exports change little at first, this causes a fall in the current ...
Basic diagram of the circular flow of income. The functioning of the free-market economic system is represented with firms and households and interaction back and forth. [2] The circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. between ...
An example is shown in Fig. 6, where the purple line is the Pareto set corresponding to the indifference curves for the two consumers. The vocabulary used to describe different objects which are part of the Edgeworth box diverges.
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A common and specific example is the supply-and-demand graph shown at right. This graph shows supply and demand as opposing curves, and the intersection between those curves determines the equilibrium price. An alteration of either supply or demand is shown by displacing the curve to either the left (a decrease in quantity demanded or supplied ...
Geographers' A–Z Street Atlas (United Kingdom, 1938–present) Gran Atlas Aguilar (Spain, 1969/1970) Historical Atlas of China (Taiwan, 1980) The Historical Atlas of China (China, 1982) National Geographic Atlas of the World (United States, 1963–present) Pergamon World Atlas (1962/1968) Times Atlas of the World (United Kingdom, 1895–present)