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Macroeconomics is a branch of economics dealing with the aggregate economy as a whole, rather than individual markets.

2 votes

Crypto-tokens: how do they function in a latter stage of company?

The companies who engage in these sort of mechanisms expect the token to have a variable price which remains accessible and fair for the product in question, and also keep some tokens for themselves w …
JoaoBotelho's user avatar
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1 vote

What should the Euro regulators look for and monitor to prevent a Euro crisis?

For an EU member state to joins and stays in the Eurozone (the official name of what you called the Euro Club), it is necessary to comply with the Stability and Growth Pact (which Bulgaria already doe …
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1 vote
Accepted

Insurance Company's Role after Natural Distaster

Is anything special expected of insurance companies after a natural disaster? Insurance providers in high-risk areas tend to increase the premiums, particularly for re-insurance (Froot, 2001). So …
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1 vote

Why have trickle-down economics failed to trickle down to the middle-class and poor in recen...

Trickle-down economics are widely criticized and many believe that it doesn't work. Asher Edelmanon explains brilliantly in the first 2min of this video (or in the written version here). The basic lo …
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0 votes

Macroeconomics, the circular flow of income and profits

In your example there would be no growth, because you are playing a zero sum game, which is a flawed assumption. You assume that households are purely composed of paid employees, which happen to hold …
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4 votes

On trade, What justificaion does the USA have to accuse China of 'selling too much not buyin...

The US president see’s trade as a zero-sum game, where there is always a winner and a loser, being the winner the one who sells more to the other. This view is not shared by most economists, as the ma …
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2 votes

Why do economists disagree so much?

There are already 3 good answers to this question, but I'll try to complement it a bit further with the issues that make Economists disagree. What is the purpose of economics? Does it have predictive …
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0 votes
Accepted

Measuring asymmetry between countries GDP per capita

To improve the explanation of asymmetries you could add: You can look at the standard deviation, and see how the GDP of a certain country is compared to the average +/- standard deviation You can ma …
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0 votes
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what are the categorization by industry in economics?

Several countries have it defined in their tax code, or by the national statistics institute, or the central bank. Stock exchhanges also define industry categories. For general purposes or internatio …
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1 vote
Accepted

Advice for finding literature for thesis

Your supervisor might want for you to come up with a research question yourself, maybe because that's part of the assignment. At the thesis, you should be able to demonstrate independent thinking rath …
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3 votes
Accepted

Where can I get national debt data?

Several international organisations provide open access to macroeconomic data such as national debt - usually the World Bank, economic development organizations such as the OECD and the African Develo …
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1 vote

What is the average economic value of a human life?

You can take a look at the approach that insurances uses to pay out life insurance: In life insurance parlance, "Human Life Value" or HLV, represents the amount that ensures a family's standard of …
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1 vote

Where's a good place to find Information on Non-OCED countries?

The IMF Data, the UN Country Data or the World Bank Open Data should be good data sources covering a wide range of countries.
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6 votes
3 answers
598 views

Are cryptocurrencies a ponzi scheme or a bubble?

Several users in this forum have addressed bitcoin and other cryptocurrencies as ponzi schemes. Bitcoins have several uses which could legitimate its value as a currency, but also have received massiv …
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