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The announcement of the 2008 Nobel Memorial Prize in Economic Sciences in Stockholm. The winner of the prize was Paul Krugman.. The Nobel Memorial Prize in Economic Sciences, officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (Swedish: Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an award funded by Sveriges Riksbank and ...
Economics classes make extensive use of supply and demand graphs like this one to teach about markets. In this graph, S and D refer to supply and demand and P and Q refer to the price and quantity. The following outline is provided as an overview of and topical guide to economics:
Documentary economics films simply include an economic theory or impact as the central subject matter for the film, but this has been complicated by Michael Moore's filmmaking. In the case of Roger & Me , the subject was the outsourcing of labour to cheaper ununionized Mexican workers by General Motors , which economically ravaged his hometown ...
Although the book was described by the Cato Institute as among the greatest economics books in the 20th century, and A Monetary History of the United States is widely considered to be among the most influential economics books ever made, [246] [247] it has endured criticisms for its conclusion that the Federal Reserve was to blame for the Great ...
The Economics of Happiness is a 2011 documentary film directed by Helena Norberg-Hodge, Steven Gorelick, and John Page, and produced by Local Futures (formerly the International Society for Ecology and Culture).
Marilyn Waring on Sex, Lies and Global Economics This page was last edited on 7 May 2016, at 07:22 (UTC). Text is available under the Creative Commons Attribution ...
A key strand of free market economic thinking is that the market's invisible hand guides an economy to prosperity more efficiently than central planning using an economic model. One reason, emphasized by Friedrich Hayek , is the claim that many of the true forces shaping the economy can never be captured in a single plan.
The original version of the model shows the price level and level of real output given the equilibrium in aggregate demand and aggregate supply. The aggregate demand curve's downward slope means that more output is demanded at lower price levels. [ 54 ]