In economics, the material prosperity of a nation, region, or globe can be measured and determined. The main concentration of economics is how economic agents interact to illustrate how economies operate. Macroeconomics and microeconomics are the two main types of economics....
The analysis of the behavior of individual decision-making units is the definition of: a. microeconomics. b. positive economics. c. normative economics. d. macroeconomics. a. Identify which of the four economic principles of individual choice appli...
which is not susceptible to the market manipulation problem. Nor would lack of trading be a problem. My attempt to create a small NGDP prediction market is not to be confused with this policy proposal. I have a new article in theJournal of Macroeconomicsthat...