economic logic, usually involving the assumption that agents are rational, the economics-as-fun literature inevitably distracts from more difficult problems that are harder to solve and which may need to be tack
1. Economics is (difficult) the most difficult course I have ever taken.2. For me, English is (easy)___ course I have ___ taken.3. A lot of students take a course called The History of Rap Music because it is one of(interesting)___ courses___ the college.4. The professor who...
Cloud economics is the study of the cost, resource usage, and business impact of a cloud IT platform for an organization. A cloud economics analysis examines whether the benefits of a cloud platform outweigh the cost and hassle of migration, in both the short and long term. ...
Finally, the woman economics major at Chicago went to office hours. She sat on the floor since the room was crowded. Someone offered her a chair. She said she was fine sitting on the floor. The professor looked at her and said, “I see you like it on your knees; women do.” He d...
What Is Economics? There is no single adequate definition of what economics actually is, and the old joke that “economics is what economists do” is hardly helpful. A famous economist of the past, Alfred Marshall (1842—1924), said: Economics is the study of mankind in the ordinary ...
How Razer delivers a superior customer service and improves customers' experiences. It is difficult to overstate importance of customer service for both B2B and B2C companies. The benefits of positive customer service experiences include: Creating brand advocates:Happy customers tend to be loyal, repeat...
For a complete wrap-up of all the US and global economic news, see “Global Economics Intelligence executive summary, August 2022.” Amid all the uncertainty, one trend has been consistently clear: the US Federal Reserve’s stated commit...
Given how they set the tone for remote work, tech companies’ return-to-office policies will likely have ripple effects across other industries. Employers’ next steps could redefine how and where people work, predicts Laura Boudreau, a Columbia University assistant economics professor who st...
The concept of economic stimulus is associated with 20th century economistJohn Maynard Keynes. A recession, according to Keynesian economics, is a deficiency ofaggregate demandwhere the economy will not self-correct. Instead, it reaches a new equilibrium with higherunemployment, lower output, and slow...
At the same time, the nature of digital technologies could fundamentally reshape industry structures and economics in a way that could create new obstacles to productivity growth. Could long-term demand drags, amplified by digital, and potential industry-breaking effects of digital limit the ...