Education Economics

Economics is a compelling force that has helped shaped countries and empires as far back as history records. Economic trends have had diverse effects which include triggering World War Two, the collapse of the Soviet Economy, the democratisation of South Korea and Japan and many others. The story of successful economies cannot be told with [...]

If you wish you had known more before this economic recession hit and you find yourself brainstorming ways out of this mess, then perhaps pursing a Business Economics major is for you! At an economics college, you’ll learn about many aspects of business, management, finance, marketing and corporate planning, in addition to the money management [...]

Scott Peltzman, an Economics Professor at the University of Chicago, has gained public notoriety for his “Peltzman Effect”. Professor Peltzman believes the benefits of well-intended safety regulations are negated because people adjust behavior in ways that counteract the intended effect of the regulation. They may drive more recklessly, or speed because they feel more protected [...]