Sentences with phrase «simple economic model»

Legends of Eisenwald is an original mix of RPG and strategy, with tactical turn based battles and a simple economic model.

This is based on a simple economic model that states not all production (financial services in this case) will relocate to the large economy (the EU) as the small economy (UK) is able make up for its lack of competitiveness by having a weaker currency.

Not exact matches

It's simple: academic economists have failed to allow for the possibility that our models are leading us astray because they are inadequate for current economic conditions.

To fix this, implement a simple economic order quantity model.

Because the economic and social world is so difficult to grasp schematically, to reduce to simple laws, the temptation is to take refuge in fictitious worlds, in models which have little to do with what can actually be observed but which lend themselves to endless mathematical refinement.

Furthermore, rather than a simple return to the corporatist model of 1970s social democracy, John McDonnell has been impressively leading the way in innovative economic thinking, including on regional development banks, popularly controlled monetary policy, and most intriguingly his consideration of a universal basic income.

«Economics made simple with physics models: Snapshot of the study of economic phenomena using the tools of physics.»

It is the central theme of The Death of Economics that the simple model of perfect competition which lies at the heart of much standard economic teaching is seriously flawed, and that policies based on it will be erroneous.

To consider the economic significance of these parameter changes, I use the estimates to examine the implications for a simple portfolio decision model in which a US investor could choose between US and foreign portfolios.

Visitors are encouraged to speak with Lerma while he uses the gallery as an artist studio and to return on June 13 to see the finished piece, which addresses issues concerning labor and comments upon the effects of transient economic models, the authenticity of simple objects, and the beauty of impermanence.

Most startling was the simple circular logic of the economic model Gates had constructed.

Committed to long - term, sustainable development in direct partnership with the Haitian people, the APJ model is simple: we believe in empowering local communities, fostering economic growth, and the power of education to change a nation.

From local investing in «everybody eats» restaurants, through slow business and the best vacation response ever, to a revival of simple low - impact living and DIY culture, the signs are everywhere of a fascinating new (and old) economic model emerging out of our financial crisis.

Because these types of distortions impose societal costs beyond those of a simple carbon tax, the economic impacts modeled here will, if anything, be lower than would actually occur in a regulatory scheme.

Remember this: the core proposition our economic model is based on is a simple but impossible concept — infinite growth on a finite planet.

From simple living in tiny houses to the value of DIY culture, we've already seen plenty of ways that people are thinking beyond the earn - spend - consume economic paradigm and toward a more connected, rich and ultimately sustainable economic model of «plenitude».

The most effective damages analysis for a case may require only simple calculations or it may require complex economic and financial modeling.

While most economic models try imperfectly to account for this seasonality, this simple calculus affects the housing market this time every year, with sales typically falling during the coldest months of winter.