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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.

What Is A Consumer Surplus?

  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

 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?

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

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

Game Theory: A Gem Of Microeconomics

 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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