Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested for ...

Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...

Discover how econometricians use math and statistics to analyze and predict economic trends, serving in finance and academia ...

The tortuous times of the past two years, with nations embroiled in economic crisis, have revived an old battle between macroeconomic theories. Huge differences have evolved between political leaders ...

A common theme in some recent research is that what the rational economic theory presumes is often out of step with what consumers say and do. In the latest salvo, a team of researchers including ...

The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...

Supply-side economics focuses on aggregate supply fueling economic growth. Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on ...

Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...

This is a preview. Log in through your library . The Delhi School of Economics began in 1949 when a group of visionaries led by Professor V.K.R.V. Rao and supported by India's first Prime Minister ...