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Economics

Economics

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    • Economy of Ancient Greece Featured Article Economy of Ancient Greece Economy of Ancient Greece

      The economy of ancient Greece is somewhat of an enigma. Given the remoteness of ancient Greek civilization, the evidence is minimal and difficulties of interpretation abound.... More »

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Dollar Value of Ecosystem Services Last Updated on 2013-05-20 at 05:42 The value of ecosystem services typically goes unaccounted for in business and policy decisions and in market prices. For commercial purposes, if ecosystem services are... More »
Measuring sustainable economic growth and development Last Updated on 2013-05-03 at 01:03 Concept and indicators of sustainable development Almost two decades ago the United Nations established a commission to investigate persistent policy failures in both... More »
Microeconomics and the environment Last Updated on 2013-05-02 at 20:03 Theoretical Perspectives on the Environment The Two Paradigms of Economics and Ecology There are many controversies over environmental issues. Should oil... More »
Supply and demand Last Updated on 2013-04-30 at 20:28 Theory of Supply We will start with the following thought experiment. Suppose there is a condominium apartment building where all the apartments are identical, and... More »
Theories of unemployment Last Updated on 2013-04-30 at 19:25 Why does unemployment arise, and what can be done about it? Economists favor different theories, depending on whether they take a more Classical or a more Keynesian... More »
Energy return on investment (EROI) Last Updated on 2013-04-10 at 18:03 Energy return on investment (EROI) is the ratio of the energy delivered by a process to the energy used directly and indirectly in that process. EROI is defined... More »
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