What does demand in an economy mean? Why should we understand the demand factors in an economy? Students learning economics
Category: Behavioral Economics
Topics about Behavioral Economics as a research field in economics.
Synergy between Health and Economics: Oil-Price-Crash or Corona-Crash
Health shocks can also cause economic shocks (ceteris-paribus). The coronavirus pandemic is one of the health shocks that might unravel another global economic shock. Why is that the case? Fact number one, health is a basic human need. Consequently, the satisfaction the health needs requires human decision-making in all economies. Decision-makers face the challenge of managing the synergies between health and economics amid a health shock. How is the Scenario?
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