Review of economic resources

Once a clever man said: “He who owns the information owns the world”. Nowadays there are so many sources of information that a person needs to study them to choose a proper one in order to find the needed information. The International Journal of Central Banking The International Journal of Central Banking (IJCB) is the […]

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Schools of Economic Thought

It is quite a common phenomenon when a certain concept within a particular discipline becomes a subject of considerable debate. Though, such sort of debates can last for decades in case this controversy is not of primary importance to human activity. Taking this point into account, it is to be said that such discipline of […]

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General Equilibrium Theory

General equilibrium theory is one of the most debated theories of capitalism. Proposed by French economist Leon Walras in the 1870s, the general equilibrium theory mostly observes the fundamental characteristics of supply and demand in compound markets. The main objective of the theory of general equilibrium is to prove that all prices in the market […]

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Basics of Economics

Micro and Macro Economics Microeconomics is one of the economic branches which examines the actions of individual agents in an economy. These agents include firms and households. Microeconomics is interested in the decisions that the individual agents make using their limited resources and impact on the supply and demand of goods and services in the […]

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Economics Questions

Question One Although it is imperative to not that recession affects all the people in a given economy negatively, economists have established that recession can be gender-biased. Lehr observes that the recession in the year 2008 exposed American men to the loss of over 700,000 jobs while their women counterparts gained nearly 300,000 jobs over […]

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How to Fix Unemployment

Unemployment is the state of being jobless in spite of being willing to work and have actively looked for a job for more than one month. The rate at which the level of unemployment is escalating in the United States of America is frightening and that calls for immediate action to rectify the situation. There […]

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Aspects of Globalization

Globalization is explained as the increasing unifying the world’s economic order through the reduction of any barriers to trade internationally. The barriers may include import quotas, export fees, and tariffs. The main objective is to accelerate services, goods, and material wealth through various efficiencies attributed to competition, specialization and international relations. It is a process […]

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Economics of Social Issues

Over the past decades, globalization has gained importance as a factor responsible for the growth of Poland’s economy and other economies across the globe. Poverty is a major problem facing many nations in the 21st century. Globalization has greatly influenced the poverty level, inequalities within and across nations. This paper, therefore, discusses how globalization has […]

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Foreign Trade Issues in California’s Economic Growth

Global trade is definitely of utmost significance to any country’s economy let alone that of California. Estimates point out that California exports, as a share of all goods and services produced and exported from the USA have decreased from 11.4% in 2009 to11.2% in 2010. This translates to a total decline from 144,806 Million dollars […]

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Theorical Framework Paper

During an economic calamity, the economic slowdown is associated with a decrease in wage rates as well as the private and public fund availability. Such a situation affects student’s educational outcomes including school enrollment, attendance as well as performance. This paper Begins by providing a theoretical framework for grasping how economic crisis situation has an […]

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