Examlex
Some authors attribute the rise of modern human behavior more to increasing social competition than to population increase or a mutation that led to reconfigurations of the brain.
Simplifying Assumptions
Basic assumptions made in economic models to eliminate complex factors and make analysis more manageable, even if they might not fully hold in the real world.
Economic Models
Theoretical constructs that represent economic processes by a set of variables and a set of logical and/or quantitative relationships between them.
Policies
Guidelines or principles adopted by an organization, government, or individual to guide decision-making and achieve desired outcomes.
Positive Economics
The branch of economic analysis that describes the way the economy actually works.
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