First SeenFirst seen: The term supply and demand was first seen in Sir James Steuart's 1796 treatise An Inquiry Into the Principles of Political Economy. When figuring out your monthly budget, ...
It is central to Keynesian economic thought that market prices are sticky—that is, they sometimes fail to adjust quickly or at all to changes in supply and demand. Central banks therefore intervene to ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper provides a decomposition of GDP and its deflator into demand and supply driven components for 12 Asian countries ...
JOHN MAYNARD KEYNES ranks with Adam Smith and Karl Marx among economists in the influence that his views have exerted on the general public. He had the vision to see that economics lacked a general ...
When managing a small business, decisions about pricing are simultaneously some of the most important choices a businessperson has to make and some of the most difficult. If the company prices a ...
After retiring from industry, I was appointed as a professor at NYU, where I taught supply chain management for over 10 years. I also taught a Certified Supply Chain Professional (CSCP) course to ...
JPKE is a scholarly journal of innovative theoretical and empirical work that examines contemporary economic problems. It is committed to the principle that the cumulative development of economic ...
Governments in many counties offer assistance in the form of financial subsidies to various companies and individuals with the goal of improving the cost and availability of goods and services for ...