Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.
Digitalization is transforming everything, and as a part of this, the technology-driven economic model (TDEM) continues to evolve. You may have heard of this model as a technology-based economy model.
How would you go about understanding how markets can suddenly be gripped by panic? To physicists, using a model originally developed to explain magnetism might make sense. Yet, economists may find ...
Plastic is now becoming as much of a problem as it has been a solution. Some say the global plastic waste crisis has reached a critical tipping point, that the oceans are swimming with microplastics, ...
Scientists have warned that current models are significantly underrepresenting the toll climate change is taking on the global economy.
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