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 ...

Keynesian economics, as developed by economist John Maynard Keynes, comprise a theory of total spending in the economy and ...

Students in this program study the production, distribution, and consumption of food, fiber, and energy in both developed and less-developed countries. To address these issues, the program emphasizes ...

Welcome to our series on economic theories that are changing the way we think. Today, James Morley explains how the very concept of what economic growth means is being re-shaped by endogenous growth ...

On February 25-26, 2010, a group of behavioral and social scientists met to explore the feasibility of developing well-grounded common metrics to advance behavioral and social science research. With ...

Physicists look at the big world of planets, stars, galaxies, and gravity. But they also study the minute world of atoms and the tiny particles that comprise those atoms. Economists also look at two ...