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The book is accompanied by two websites that host interactive visualizations and expand upon data featured in the book: MIT's [4] and Harvard's. [5] The Atlas was a collaboration between the Center for International Development at Harvard University and the Macro Connections group at the MIT Media Lab. [citation needed]
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
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]
Economics is a science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. [ 9 ] Robbins describes the definition as not classificatory in "pick[ing] out certain kinds of behaviour" but rather analytical in "focus[ing] attention on a particular aspect of behaviour, the form imposed by the ...
According to economic historian A.K. Dutt, the AD–AS diagram first made its appearance in 1948 in a contribution by O.H. Brownlee to a textbook on applied economics. Also a textbook by Kenneth E. Boulding in the same year presented a diagram in output-price space, but unlike Brownlee's version without trying to solve the model; Boulding ...
[c] [5] A travel atlas may also be referred to as a road map. [6] A desk atlas is made similar to a reference book. It may be in hardback or paperback form. There are atlases of the other planets (and their satellites) in the Solar System. [7] Atlases of anatomy exist, mapping out organs of the human body or other organisms. [8]
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)
Major topics include measurement of economic performance, national income and price determination, fiscal and monetary policy, and international economics and growth. AP Macroeconomics is frequently taught in conjunction with (and, in some cases, in the same year as) AP Microeconomics as part of a comprehensive AP Economics curriculum, although ...