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Economics

In this category you will find information on economics, both in terms of macroeconomics and microeconomics. Economics is an important basis for the understanding of financial markets and financial instruments.

Trade theory

Trade theory is a label for theories that concerns trade between countries. In trade theory, researchers seeks to find answers to questions such as whether the welfare of a country could increase by o ...

Traditional economic policy

Traditional economic policy means that fiscal policy should be used to reduce unemployment during recessions and used to push inflation back in boom periods. Traditional economic policy was used in Sw ...

Transaction motive

The transaction motive is one reason that there is demand for money in an economy according to the keynesian monetary theory. ...

Transfer payments

Transfers in the balance of payments are payments to a country from another country and from a country to another country. Transfer payments may be foreign aid, donations and other contributions that ...

Unemployment

Unemployment is one of the big problems in economics. Unemployment is defined as the proportion of the labor force of working age (between 16 and 64) who have no jobs. ...

Unemployment gap

Unemployment gap is an important concept in fiscal policy. An unemployment gap means that the gross domestic product is lower than it should be for the country to achieve full employment. ...

Utility

Utility is an important concept in economics. The economic man is assumed to maximize his own utility in every descision to consume. ...

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