October 2024

Behavioral Economics: When Psychology and Economics Collide – Scott Huettel and Alan G. Sanfey Behavioral economics is a rapidly growing field that combines elements of psychology and economics to better understand human decision-making and behavior. It challenges traditional economic theories that assume individuals always act rationally and in their own self-interest. Instead, behavioral economics takes

Debraj Ray is a well-known development economist who has made significant contributions to the field through his research and teaching. He is currently the Silver Professor of Economics at New York University where he has been teaching since 1997. In addition to that, he is also a visiting professor at Indian Statistical Institute in Kolkata,

International economics is a branch of economics that focuses on the flow of goods and services between countries. It studies the interactions between different countries in terms of trade, investment, migration, and other economic activities. One of the prominent figures in the field of international economics is Paul Krugman, a Nobel Prize-winning economist who is

Introduction Public finance is a branch of economics that focuses on the study of government expenditures, taxes, and debt. It aims to understand how governments raise and spend money in order to provide public services and promote economic growth. One influential textbook on this subject is Public Finance by Harvey S. Rosen and Ted Gayer.

Microeconomic theory is the study of how individuals and firms make decisions about the allocation of scarce resources. It is a fundamental branch of economics and is often referred to as the invisible hand that guides market forces. One of the most influential works in microeconomic theory is the book, Microeconomic Theory by Andreu Mas-Colell,

Econometrics and Fumio Hayashi Econometrics is a branch of economics that uses statistical and mathematical methods to analyze economic data. It is often used to test economic theories and make predictions about future economic trends. One of the most influential figures in the field of econometrics is Fumio Hayashi, a Japanese economist who has made

Intermediate Macroeconomics – David Romer David Romer is an American economist and a professor of economics at the University of California, Berkeley. He is best known for his contributions to macroeconomics, particularly in the areas of economic growth and monetary policy. Born in 1958, Romer received his undergraduate education at Princeton University and went on

Intermediate Microeconomics: A Modern Approach by Hal R. Varian is a widely used and highly acclaimed textbook for students studying microeconomics at the intermediate level. Varian, a professor of economics at the University of California, Berkeley, has decades of experience teaching and researching in the field of microeconomics. He is also a fellow of the

Economics is a social science that deals with the production, distribution, and consumption of goods and services. It plays a crucial role in shaping economic policies and influencing global trade and financial systems. Within the field of economics, there are numerous influential thinkers and theories that have greatly impacted the discipline. Two such notable individuals

Macroeconomics is a branch of economics that focuses on the study of the national or global economy as a whole. It examines the behavior, structure, and performance of the economy as a whole, rather than focusing on individual markets or industries. It also looks at how various policies and decisions made by governments and central