Economists develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “Economic Models,” p. 8). For ...

A command economy operates under the total control of a country’s government – which brings no shortage of economic issues to the table. Here’s a ‘pros and cons’ look at command economies. The goal of ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

We are at a turning point in human history, where we are seeing a confluence of many innovative and disruptive technologies that in conjunction, will bring about a tsunami of change. Disruptive ...

The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...

Examples include the impact of a resurgence in the euro area debt crisis; a sharp adjustment in global energy prices; a fiscal stimulus coordinated among the largest economies; migration flows in ...

Both physical and economic phenomena may possess universal features that could be uncovered using the tools of physics. The principal difference is that in economic systems -- unlike physical ones -- ...