Search results
Results from the WOW.Com Content Network
Thomas Joseph Kane (born September 5, 1961) is an American education economist who currently holds the position of Walter H. Gale Professor of Education and Economics at the Harvard Graduate School of Education. [1] He has performed research on education policy, labour economics and econometrics. [2]
Jeffrey Gale Williamson (born 26 November 1935 [1] [2]) is the Laird Bell Professor of Economics (Emeritus), Harvard University; an Honorary Fellow in the Department of Economics at the University of Wisconsin (Madison); Research Associate at the National Bureau of Economic Research; and Research Fellow for the Center for Economic and Policy Research.
William G. "Bill" Gale is the Arjay and Frances Miller Chair in Federal Economic Policy and the former vice president and director of the Economic Studies Program at the Brookings Institution. [1] He conducts research on a variety of economic issues, focusing particularly on tax policy, fiscal policy, pensions and saving behavior.
[1] General equilibrium theory both studies economies using the model of equilibrium pricing and seeks to determine in which circumstances the assumptions of general equilibrium will hold. The theory dates to the 1870s, particularly the work of French economist Léon Walras in his pioneering 1874 work Elements of Pure Economics. [2]
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
It gained broader recognition in the 1970s after a series of global economic shocks, particularly the 1973 oil crisis, which disrupted supply chains and led to rising prices and slowing growth. Stagflation challenges traditional economic theories, which suggest that inflation and unemployment are inversely related , as depicted by the Phillips ...
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [1]
A global issue is a matter of public concern worldwide. This list of global issues presents problems or phenomena affecting people around the world, including but not limited to widespread social issues , economic issues , and environmental issues .