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Computational economics is an interdisciplinary research discipline that combines methods in computational science and economics to solve complex economic problems. [1] This subject encompasses computational modeling of economic systems. Some of these areas are unique, while others established areas of economics by allowing robust data ...
The 'learning economy' is a mixed economy in a fundamental sense. In the public debate, knowledge is increasingly presented as the crucial factor in the development of both society and the economy. In a growing number of publications from the European Commission and Organisation for Economic Co-operation and Development it is emphasised that ...
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
Aplia Inc. is an educational technology company founded in 2000 by Stanford University professor Paul Romer. It created teaching materials and other homework products available online to collegiate economic students. [1] In March 2007 Cengage Learning (formerly Thomson Learning) acquired Aplia Inc. Aplia was based in Belmont, California until ...
v. t. e. Economics ( / ˌɛkəˈnɒmɪks, ˌiːkə -/) [1] [2] is a social science that studies the production, distribution, and consumption of goods and services. [3] [4] Economics focuses on the behaviour and interactions of economic agents and how economies work.
An economic system is a type of social system. The mode of production is a related concept. [2] All economic systems must confront and solve the four fundamental economic problems : What kinds and quantities of goods shall be produced: This fundamental economic problem is anchored on the theory of pricing.
v. t. e. Information economics or the economics of information is the branch of microeconomics that studies how information and information systems affect an economy and economic decisions. [1] One application considers information embodied in certain types of commodities that are "expensive to produce but cheap to reproduce." [2]
Economic experiments using monopolistic competition simulations can create real-world incentives that may be used in the teaching and learning of economics to help students better understand why markets and other exchange systems work the way they do. An explanation of experimental economics is given by Roth (1995).