The Economics of Network Revolution
The world we live in is dynamic, always changing to keep up with modern technological
advances. Each and every firm must be willing to grow with technology in order to stay
Macroeconomic Analysis of Emerging Markets
An emerging market is defined as a nation whose economy is progressing toward
becoming advanced, as shown by some liquidity in local debt and equity markets and the
existence of some form of market
Privatization of the U.S. Prison System
There is no doubt about it, the United States prison system is in serious shambles and
should be reformed. Currently, there are more than 2.2 million people incarcerated in jails and
prisons across the
The Role of the Federal Reserve in the Recent Financial Crisis
The 20 or so years leading up to the 2007-2008 financial crisis (commonly referred to as
The Great Recession) was a period of stability in the United States financial
Final Intermediate Microeconomics
1) Which of the following inputs are variable in the short run?
B) capital and equipment.
C) plant size.
D) all of these.
2) The short run is
A) less than a year.
B) three years.
C) however long it
The Economics of Networks
This article, written by Nicholas Economides, analyzes the major economic features of
networks and looks into the similarities between network and non-network industries. In a
typical network industry, many componen
The Investment Detective
1. Before doing any calculations, can we rank the projects simply by inspecting cash flows?
We could rank the projects based on simple calculations, such as the excess cash flows
over the initial investment or the re