Economics for the confused

Economists love economic models! An Economic Model is a simplified version of the ''real world" that can be used to explai...

Economics is the social science that studies how a society uses its limited resources to satisfy its unlimited wants and needs . Le...

  The 2010 Nobel Prize for Economics has been awarded to 3 economists Peter Diamond, Dale Mortensen and Christopher Pissarides for the...

We are currently studying Gross Domestic Product (GDP) in class. 1) Start by watching the following video .... 2)Click on this BBC webpage ...

Hong Kong Island has 7 million people, and very limited space to put them - two reasons why it has some of the most expensive properties in ...