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Economic Theory

A collection of Articles that aim to dive into economics as a study. You can find basic economic theory to advanced economic theory here.

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What Is A Consumer Surplus?

David McDonald –
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  Consumer surplus is basically an economic measure of consumer benefit, which is calculated by analyzing the difference between what consumers are willing and able…

Monetary Policy Explained

David McDonald –
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 Every country has a central bank, well, about 99% of all nations have one. Central banks control interest rates on money and thus, determine…

How Important Is It To Understand Inflation?

David McDonald –
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Understanding Inflation is Crucial. Everybody should understand the basics of inflation in order to form educated opinions on their country’s monetary and fiscal policies, as…

The Hidden Benefits Of Taxation

David McDonald –
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Sunday, May 7th 2017 Article By: Charles St. Pierre                              A large tax wedge…

Game Theory: A Gem Of Microeconomics

Shrey Srivastava –
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 Sunday, April 30th 2017 Article by: Shrey Srivastava Microeconomics has many captivating branches within it, but the newest and most exciting one has to be game…
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The Global Millennial is a think-tank for global economic discussion. Our goal is to bring educated, relevant, and unique perspectives on global affairs through the form of articles and video. Our writers span all areas of the globe and vary greatly in age and expertise. Some of our writers are university students, while others are accomplished professors and economists. Together, we aim to promote a more educated future by providing a greater knowledge around the studies of economics and political science.
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