Balanced Growth
April 24, 2019
Tejvan Pettinger Definition of balanced growth: Balanced growth refers to a specific type of economic growth that is sustainable in
Tejvan Pettinger Definition of balanced growth: Balanced growth refers to a specific type of economic growth that is sustainable in
After the first European recession in 2009, the EU is heading back into another recession only three years later. But,
Tejvan Pettinger The Life-cycle hypothesis was developed by Franco Modigliani in 1957. The theory states that individuals seek to smooth
Readers Question: Could you give a summary of Keynesian and Classical views? Summary Classical economics emphasises the fact that free
Tejvan Pettinger Government intervention in the labour market to reduce inequality and market failure can take various forms. Minimum wages/living
Tejvan Pettinger Definition of knowledge economy The sector of the economy which is increasingly based on knowledge-intensive activities, creating a
Tejvan Pettinger There are several features of eBay which make the market competitive – and perhaps close to the model
Tejvan Pettinger Economic growth is an increase in real GDP; it means an increase in the value of goods and
Tejvan Pettinger The current US administration have suggested they want to increase the US budget deficit to enable higher rates
Tejvan Pettinger A look at different methods to reduce budget deficits. A budget deficit occurs when a government spending is
