Winemaking is a multifaceted and delicate process that has transcended centuries and is enjoyed by many cultures. However, the intricate method of creating wine has both numerous positive and negative environmental, social as well as economical impacts.
The Environmental, Social and Economic Impacts of Winemaking
How does the Federal Reserve use interest rates to control the economy, and how do these changing interest rates affect you as a consumer or business owner?
The Federal Reserve, Interest Rates, and You
Poverty is now accepted as a situation of multidimensional deprivation. The multidimensional poverty index (MPI) offers a unique measure of shortages in the lives of the poor.
Exploring Global Poverty Using the Multidimensional Poverty Index (MPI)
Being poor is no fun; among the many negatives are bad health, exposure to crime, and lack of education.
The Side Effects of Poverty
How a burned out building became one of Poteau's most popular downtown attractions.
Downtown Poteau Town Square (Pocket Park) Revitalization
The market period is a very short period in which the supply of a commodity is fixed. It is the variations in demand that determine the price in such a market period...
Equilibrium Price Determination in the Market Period and Short Period Under Perfect Competition
Income Effect on Consumer's Equilibrium - Substitution Effect on Consumer's Equilibrium - Price Effect on Consumer's Equilibrium - Derivation of Demand Curve from Price Consumption Curve
How Do Income Effect, Substitution Effect and Price Effect Influence Consumer's Equilibrium?
A summary of Piketty's groundbreaking study of capitalism and inequality over the centuries.
Summary of Capital in the Twenty-First Century by Thomas Piketty
What is GDP or GNP? How are GDP and GNP related? What is Nominal GDP and Real GDP? A short overview of these important economic concepts.
What Is GDP? What is GNP? A Basic Guide to Understanding Economic Terms
If the basic needs approach (BNA) sees poverty in terms of consumption deprivation, the capabilities approach (CA) looks at poverty as deprivation of opportunities required to lead the life people want to live..
Poverty Perspectives: ‘basic Needs Approach’ Vs. ‘capability Approach'
Meaning of consumer's equilibrium - assumptions - budget line or price line - indifference map - necessary conditions for consumer's equilibrium - deriving consumer's equilibrium graphically
How to Derive Consumer's Equilibrium Through the Technique of Indifference Curve and Budget Line?
Natural wool textiles are the best fabrics used during the winter to provide warmth. In this article you will know the history of wool, characteristics of wool fibers, woolen microstructure, sheep wool types, wool manufacturing process, uses, and the good washing of wool fabrics.
Natural Wool: Its Characteristics, Manufacturing Process, and Good Washing of Woolen Fabrics
With a negative net worth, Zombie Banks would be required to file for bankruptcy if they were operating under normal business rules.
Zombie Banks and Bank Bailouts
Meaning and assumptions of consumer's surplus - Measurement of consumer's surplus: The law of diminishing marginal utility approach and the indifference curve approach.
Consumer’s Surplus: Meaning and Measurement
What does “Economic Facts and Fallacies” by Thomas Sowell cover, and how does it compare to economist Thomas Sowell's other books?
Book Review: "Economic Facts and Fallacies" by Sowell