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Cambridge capital controversy: The Cambridge capital controversy is a dispute in economics that started in the 1950s. The debate concerned the nature and role of capital goods and a critique of the neoclassical vision of aggregate production and distribution. The question of whether the natural growth rate is exogenous, or endogenous to demand ...
Contents. Experimental economics. Experimental economics is the application of experimental methods [ 1 ] to study economic questions. Data collected in experiments are used to estimate effect size, test the validity of economic theories, and illuminate market mechanisms. Economic experiments usually use cash to motivate subjects, in order to ...
v. t. e. Economics (/ ˌɛkəˈnɒmɪks, ˌiːkə -/) [ 1 ][ 2 ] is a social science that studies the production, distribution, and consumption of goods and services. [ 3 ][ 4 ] Economics focuses on the behaviour and interactions of economic agents and how economies work.
Business portal. Money portal. v. t. e. This is a list of important publications in economics, organized by field. Some basic reasons why a particular publication might be regarded as important: Topic creator – A publication that created a new topic. Breakthrough – A publication that changed scientific knowledge significantly.
Complexity economics draws inspiration from behavioral economics, Marxian economics, institutional economics / evolutionary economics, Austrian economics and the work of Adam Smith. [ 18 ] It also draws inspiration from other fields, such as statistical mechanics in physics, and evolutionary biology.
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything is the debut non-fiction book by University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner. Published on April 12, 2005, by William Morrow, the book has been described as melding pop culture with economics. [1]
John August List (born September 25, 1968) is an American economist known for his work in establishing field experiments as a tool in empirical economic analysis. Since 2016, he has served as the Kenneth C. Griffin Distinguished Service Professor of Economics at the University of Chicago, where he was Chairman of the Department of Economics from 2012 to 2018. [2]
The National Bureau of Economic Research(NBER) is an American private nonprofitresearch organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic community." [3]The NBER is known for proposing start and end dates for recessionsin the United States.