Category: Economics

Keynesian Economics

“Long run is a misleading guide to current affairs. In the long run we are all dead.” ― John Keynes Keynesian economics is basically a macroeconomic theory...

Home Economics Degree Programs Attracting More Male Students

In the 1950s, with the United States still recovering from the effects of World War II, American girls were routinely instructed in the value of women working at home...

The eBay Effect―At Home Economics 101

In a recent conversation with a friend of mine, one of us started complaining about how hard it is to sell something on eBay for the amount it’s actually worth. I...

Principle of Economics

Economic laws tell us how man behaves under certain conditions. They also provide us an idea about the results likely to follow those conditions. For example, a fall in...

Monetary Policy

In general, central banks serve the role of supervising the smooth operation of the financial system as well as monetary policy. They are generally given liberty to...