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The Principle of Comparative Statics in Housing Markets: Post-COVID Shifts in Urban Real Estate

The Principle of Comparative Statics examines the effects on a market due to a change in some exogenous (external) factor. COVID had a major impact on the housing market, shifting demand from central city properties to suburban homes (both home ownership and renting)....
4 min read
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Definitions Business economics

ATC Curve

Published on August 13, 2024

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Definitions Business economics

Actuarial Science vs. Economics

Published on August 04, 2024

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Forex Trading Business economics

Trading Platforms Offering More Bespoke Services As Competition Increases

Published on August 03, 2024

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Business economics

Small Business Share of Global Economy Grows As Ecommerce Barriers Decrease

Published on August 03, 2024

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Definitions Business economics

Average Variable Costs in Economics

Published on August 02, 2024

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Definitions Business economics

Historical Cost Principle

Published on August 02, 2024

Variable Cost Definition
Definitions Business economics

Variable Cost Definition

Published on June 23, 2024

Trade-Off in Economics
Definitions Business economics

Trade-Off in Economics

Published on June 23, 2024

Economies of Scope
Definitions Business economics

Economies of Scope

Published on June 19, 2024

Diminishing Marginal Benefit
Definitions Business economics

Diminishing Marginal Benefit

Published on June 16, 2024

Newer Posts
Page 3 of 20
Older Posts
Crop yields in agriculture were one of the first areas of study in the field of economics.

Diminishing Marginal Returns in Agricultural Technology: A Case Study of India’s Green Revolution

In the 1960s, India and other developing countries underwent a Green Revolution thanks to new innovations in chemical science and agricultural research. But crop yields cannot continue to grow forever!...
5 min read

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Thanks to rapidly-adjustable websites and apps, airlines can engage in dynamic pricing.
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March 11, 2025
Despite being created to save us time, modern appliances do not seem to make us any less busy.
The Paradox of Automation: How Labor-Saving Technology Can Create More Jobs
March 11, 2025
A classic debate over fair pay for labor involves governments imposing minimum wage laws.
The Minimum Wage Debate: Do Higher Wages Boost Productivity or Destroy Jobs?
March 07, 2025

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