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  2. Economics in One Lesson - Wikipedia

    en.wikipedia.org/wiki/Economics_in_One_Lesson

    [8] [9] [10] When Ronald Reagan was giving speeches to General Electric plants in the 1950s and 60s, he read Economics in One Lesson [11] which helped influence his economic philosophy. [12] [13] Economics in One Lesson was an important work for the development of neoliberalism in America. [14]

  3. Economic model - Wikipedia

    en.wikipedia.org/wiki/Economic_model

    An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes.

  4. Economics - Wikipedia

    en.wikipedia.org/wiki/Economics

    Labour economics looks at the suppliers of labour services (workers), the demands of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income. In economics, labour is a measure of the work done by human beings.

  5. Basic Economics - Wikipedia

    en.wikipedia.org/wiki/Basic_Economics

    Basic Economics is a non-fiction book by American economist Thomas Sowell published by Basic Books in 2000. The original subtitle was A Citizen's Guide to the Economy , but from the third edition in 2007 on it was subtitled A Common Sense Guide to the Economy .

  6. Real-world economics - Wikipedia

    en.wikipedia.org/wiki/Real-world_economics

    Real-world economics is a school of economics that uses an inductive method to understand economic processes. It approaches economics without making a priori assumptions about how ideal markets work, in contrast to what Nobel Prize-winning economist, Ronald Coase , referred to as "blackboard economics" and its deductive method .

  7. What You Should Understand About Economic Inequality and Its ...

    www.aol.com/understand-economic-inequality...

    Economic inequality describes the uneven distribution of wealth, income, resources and opportunity to different groups of people in a society -- something America knows plenty about. The last...

  8. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    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 ...

  9. A better-informed voting public allows you to vote intelligently for those who propose policies you favor and make good economic sense. We can use basic economics to motivating Washington to solve ...

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