Discover how neoclassical economics shapes supply, demand, pricing, and consumer behavior, influencing modern economic ...

The theory of economic motion was András Bródy’s main interest. This paper presents a simplified framework of Bródy’s economics. His multi-sector production and price theory is based on the Marxian ...

Microeconomics, in its examination of the behavior of individual consumers and firms, is divided into consumer demand theory, production theory (also called the theory of the firm), and related topics ...

Explore socialism's history, core theories, and modern examples of socialist countries. Learn how socialism compares to capitalism and its role in today's global economy.