Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.

Economic development is important to many communities to increase jobs and long-term revenue growth. Local governments can encourage economic development and growth through a variety of tools, such as ...

An economic shock, also known as a macroeconomic shock, is any unexpected event that has a large-scale, unexpected impact on the economy. Many, but not all, economists also say that a shock has to be ...

Ameyavikram Pathak is Chief Executive Officer of investment management firm AVP Holdings and member of the Finance Committee of the Princeton Foundation for Peace and Learning. Armen Baibourtian is ...

Senior Lecturer in Economics, Research Associate at the Public and Environmental Economics Research Centre (PEERC) and Visiting Fellow at the Johannesburg Institute of Advanced Study (JIAS), ...