Category Archives: students
Governments and Economic Systems Today
I think that today most government’s economic system is mixed economy because it has some notable benefits. This system allow to the government to pursue policies that could provide a macroeconomic stability. Mixed economy system is important for the country in reducing the inequality (the gap between rich people and poor people). This system allows … Continue reading Governments and Economic Systems Today
From Maddison Book: A resurgent country
According to Maddison book, I learnt how countries like China made significant progress from 1300 to 1850. In this period, the population grew faster than in Western Europe, but per-capita remained intact. I also learnt that before 1350, the level of GDP per Capita of China was above the level of Western Europe. This Per … Continue reading From Maddison Book: A resurgent country
Interesting Piece of Information from Maddison Book
I found out some interesting facts after my reading of Maddisson books. From this book I knew that in the year 1000 the West was not richer than Africa. That is very surprising because of the big gap existing between the two regions. For example, in 1000 the level of per-capita GDP in Africa was … Continue reading Interesting Piece of Information from Maddison Book
New Computer
So yesterday I got a new laptop. It is the MacBook Air and I’m still a little new with it. I’m still learning all the tips and tricks. If anyone knows any shortcuts or hints please share them with me
Thoughts on the Maddison book
I found the Maddison reading to be very informative. The writing style is different to most of the text books I’ve used in the past, so at first that threw me off, but after a few pages I got used to it. I thought the book did a good job of explaining how and why … Continue reading Thoughts on the Maddison book
Unit 2 Post
I find it incredible that the economy has grown so much in the past 1000 years compared to the previous 1000 years. Even more incredible to me is how it has grown even bigger in the last 200 years alone. According to the book, life expectancy in the west in 1820 was about 36 years, … Continue reading Unit 2 Post
Index of Economic Freedom
Hi all, I used a really interesting economic freedom index in an international management class that I took last semester at SVSU that I wanted to share with you. It’s an interactive heat map used to compare countries based on different freedoms such as trade freedom, freedom from corruption, labor freedom, and many more. It … Continue reading Index of Economic Freedom
The Principle of Comparative Advantage
Stresssss
This past week has been one of the most stressful weeks ever. Work is busier than ever and having two texts on top of that do not help. Luckily its almost Friday!!! Heres a little video I found of little kids getting huge food, to help get through the week. I hope it can help … Continue reading Stresssss →