E conomics comes in for plenty of criticism: Economists assume people are unvaryingly selfish; economics is all complicated mathematics and ignores the real world; economists only care about money and ...
Economics is the study of the allocation of scarce resources. The subject of this course is microeconomics, which examines the decision making of individuals and firms with regard to consumption, ...
Economics is split between analysis of how the overall economy works and how single markets function Physicists look at the big world of planets, stars, galaxies, and gravity. But they also study the ...
Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that ...
Preliminary economic assessments are critical for determining the economic viability of a resource project. Mining companies require positive assessments in order to justify investing more capital in ...
One beauty of economics — the study of how human beings use scarce resources — is that its basic principles apply to life even if money is not involved. Opportunity cost, externalities, sunk costs, ...