Economic exchange
Economic behaviour involves the exchange of one scarce resource for another. When…
Income Inequality
Definitions and Basics ● Robert Frank on Inequality , podcast on EconTalk. November 15,…
Income Distribution
Introduction ● Income distribution refers to four different topics in economics. See also…
Economic Development
Introduction Definitions and Basics ● Third World Economic Development, from the Concise Encyclopedia of Economics…
Productivity
Introduction Definitions and Basics ● Productivity, from the Concise Encyclopedia of Economics ● Productivity—the amount of…
Environmentalism
Introduction Definitions and Basics ● Natural Resources, from the Concise Encyclopedia of Economics ● The earth's…
Productive Resources
Introduction ● A resource is something we rely on or use to accomplish…
Globalization, Interdependence, and Local Trade
Introduction Definitions and Basics ● Interdependence and the division of labor: I, Pencil, by Leonard…
Human Capital
Introduction Definitions and Basics ● Human Capital, from the Concise Encyclopedia of Economics ● To most…


