It assesses certain factors impacting corporations—business organization, management, expansion, and strategy—using economic theory and quantitative ... For example, all types of organizations ...

Economic theories based on rational choice assume that ... maximize their utility by allocating their money between multiple types of goods and services. Utility can be used to measure the ...

For one, the invisible hand theory assumes that consumers are rational when making economic decisions ... For example, if there's a need for a new type of product, the invisible hand arguably ...

To understand how economic factors impact your organization, start with this careful look at fundamental microeconomic and macroeconomic theory. Learn key aspects of economics, such as how people make ...

but with a much stronger foundation in economic theory and applied economics. You’ll be able to explore international trade and finance, economic development, money and banking, or environmental ...

During the great depression of the 1930s, existing economic theory was unable either to explain the causes of the severe worldwide economic collapse or to provide an adequate public policy solution to ...

It is in cases like this that economists turn to econometrics. Econometrics uses economic theory, mathematics, and statistical inference to quantify economic phenomena. In other words, it converts ...

Redfin's Daryl Fairweather says gamified decision making "can help people overcome some of the anxiety they have about achieving their goals." ...

Trump's tariffs have sent the world into a frenzy but there could be method yet. Economic theory shows that tariffs reduce ...

These choices have major consequences in our lives and finances; can a better understanding of economic theory help us make better life choices? Daryl Fairweather is chief economist at Redfin and ...