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Management and Economic Simulation Exercise (MESE), also known as JA Titan, is a computer simulation program developed by Junior Achievement.The program is designed to help students develop skills such as decision-making and teamwork.
Open-source economics is an economic platform based on open collaboration for the production of software, services, or other products. First applied to the open-source software industry , [ 2 ] this economic model may be applied to a wide range of enterprises.
[10] [11] The second quadrant is an e-content which could include e-books, illustrations, Case studies, Open source content, reference links, further reading sources, etc. [12] The third quadrant is about clearing students' queries where students can interact with each other and faculty; any student or faculty can answer a student’s question ...
In economics, the study of economic development was born out of an extension to traditional economics that focused entirely on the national product, or the aggregate output of goods and services. Economic development was concerned with the expansion of people's entitlements and their corresponding capabilities, such as morbidity , nourishment ...
Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether ...
Computable general equilibrium (CGE) models are a class of economic models that use actual economic data to estimate how an economy might react to changes in policy, technology or other external factors. CGE models are also referred to as AGE (applied general equilibrium) models. A CGE model consists of equations describing model variables and ...
Dynamic stochastic general equilibrium modeling (abbreviated as DSGE, or DGE, or sometimes SDGE) is a macroeconomic method which is often employed by monetary and fiscal authorities for policy analysis, explaining historical time-series data, as well as future forecasting purposes. [1]
There are various factors affecting economic growth. The problems of economic growth have been discussed by numerous growth models, including the Harrod-Domar model, the neoclassical growth models of Solow and Swan, and the Cambridge growth models of Kaldor and Joan Robinson. This part of the economic problem is studied in the economies of ...