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Interpersonal interaction in public goods contexts is very different in character to its depiction in economic theory … of the relationships between individuals than obtains in standard microeconomic theory, where they are usually depicted …
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The intersection of Economics and Nature has long been overlooked, but recent events have shed new light on their interconnectedness. This paper explores this relationship, focusing on the impact of economic cycles and the role of GDP as a measure of economic success. The paper highlights the...
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Paper introduces mathematical models describing long-time effects of real savings on economic growth. Models are built for single-product and multiple-product economy with market forces presented through the system of ordinary differential equations. Modeling results show a limited long-run...
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