aggregate econometric model
41Microeconomics — The supply and demand model describes how prices vary as a result of a balance between product availability at each price (supply) and the desires of those with purchasing power at each price (demand). The graph depicts a right shift in demand… …
42Behavioral economics — and its related area of study, behavioral finance, use social, cognitive and emotional factors in understanding the economic decisions of individuals and institutions performing economic functions, including consumers, borrowers and investors,… …
43Lucas critique — The Lucas Critique, named for Robert Lucas s work on macroeconomic policymaking, says that it is naive to try to predict the effects of a change in economic policy entirely on the basis of relationships observed in historical data, especially… …
44List of important publications in economics — MacroeconomicsAmong the most important list of publication in economics are: The Wealth of Nations * Adam Smith * An Inquiry into the Nature and Causes of the Wealth of Nations, 1776. * [http://www.gutenberg.net/etext/3300 Online version]… …
45Peyton Young — Infobox Scientist name = H. Peyton Young caption = birth date = birth place = death date = death place = residence = nationality = field = Economics, Game Theory work institution = University of Oxford alma mater = Harvard University University… …
46Law of value — The law of value is a concept in Karl Marx s critique of political economy. Most generally, it refers to a regulative principle of the economic exchange of the products of human work: the relative exchange values of those products in trade,… …
47Nueva economía clásica — La Nueva economía clásica o Nueva macroeconomía clásica es una escuela del pensamiento macroeconómico que se basa principalmente en el análisis de la vertiente monetarista de la Economía neoclásica, especialmente tal como ese monetarismo fue… …
48Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …
49Sticky (economics) — Sticky, in the social sciences and particularly economics, describes a situation in which a variable is resistant to change.[citation needed] Sticky prices are an important part of macroeconomic theory since they may be used to explain why… …
50Jean Tirole — Jean Marcel Tirole (Aug. 9, 1953 ) is a French professor of economics. He works on industrial organization, game theory, banking and finance, and economics and psychology. Tirole is director of the Foundation Jean Jacques Laffont Toulouse School… …
