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Basic tools of econophysics are probabilistic and statistical methods often taken from statistical physics.. Physics models that have been applied in economics include the kinetic theory of gas (called the kinetic exchange models of markets [7]), percolation models, chaotic models developed to study cardiac arrest, and models with self-organizing criticality as well as other models developed ...
Applied economics is the application of economic theory and econometrics in specific settings. As one of the two sets of fields of economics (the other set being the core), [1] it is typically characterized by the application of the core, i.e. economic theory and econometrics to address practical issues in a range of fields including demographic economics, labour economics, business economics ...
Lecture Notes in Physics (LNP) is a book series published by Springer Science+Business Media in the field of physics, including articles related to both research and teaching. It was established in 1969.
Quantum Physics, by Eyvind H. Wichmann; Statistical Physics, by Frederick Reif; Volume 2, Electricity and Magnetism, by Purcell (Harvard), is particularly well known, and was influential for its use of relativity in the presentation of the subject at the introductory college level. Half a century later the book is still in print, in an updated ...
The current version is a revised version of the original 1960 textbook Physics for Students of Science and Engineering by Halliday and Resnick, which was published in two parts (Part I containing Chapters 1-25 and covering mechanics and thermodynamics; Part II containing Chapters 26-48 and covering electromagnetism, optics, and introducing ...
Karl Marx; Das Kapital, 1867; Das Kapital on Wikisource; Annotations, Explanations and Clarifications to Capital.; Description: A political-economic treatise by Karl Marx.Marx wrote this critical analysis of capitalism and of the political economy from the perspective of historical materialism, the view that history can be understood as a sequence of modes of production in which exploiting ...
Supply-side economics is a macroeconomic theory postulating that economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. [1] [2] According to supply-side economics theory, consumers will benefit from greater supply of goods and services at lower prices, and employment will increase. [3]
The U.S. Federal Board for Vocational Education, often referred to as the Federal Board of Vocational Education, was created in 1917 and lasted until 1946. It was created by the Smith-Hughes Act of 1917 to promote nationwide vocational education for students interested in agriculture, industry, and home-economics.