What Is Thermoeconomics?
Some view profitability and productivity in the marketplace as a parallel to the transfer of available energy in physics, and in turn use physics principles to increase economic efficiency.
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Some view profitability and productivity in the marketplace as a parallel to the transfer of available energy in physics, and in turn use physics principles to increase economic efficiency.
April 25, 2017 12:31
Often referred to as Liberal Economics, this ideology promotes limited government control and action in the marketplace.
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Between 1450 and 1600, prices of goods in Western Europe rose by ~500% as precious metals, spices, and fabrics poured in from both the New World and Far East.
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The economic discipline deals with comparing and contrasting economic systems and the transitions between them.
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The Trans-Pacific Partnership (TPP) is a trade agreement among twelve of the Pacific Rim countries.
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The field of study looks at the progress developing nations are making in improving various socioeconomic aspects.
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Greece, the 63rd largest economy in the world, exported $33.2 Billion, and imported $60.8 Billion, worth of goods in 2014, resulting in a significant negative trade balance.
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China, the largest export economy in the world, exported $2.37 Trillion, and imported $1.53 Trillion, worth of goods in 2014, resulting in a large positive trade balance.
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India, the 18th largest export economy in the world, exported $292 Billion, and imported $421 Billion, worth of goods in 2014, resulting in a large negative trade balance.
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Cuba, the 140th largest export economy in the world, exports $1.74 Billion, and imports $5.91 Billion, worth of goods annually.
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Chile, the 44th largest export economy in the world, exported $77.3 Billion worth of goods, and imported $69.1 Billion of goods, in 2014.
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The discipline deals with placing economic relationships, including qualitative measures, into quantitative contexts to better and more empirically analyze them.
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Economic geography looks at where economic activities occur, and how they vary by location and interact between places.
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The discipline analyzes the two-way cause and effect relationship between a society's social behavior and that of its economy.
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Proponents of Georgism believe that the benefits derived by the natural world's resources should be shared by all members of society.
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The disciplines analyzes the role of women in the economic realm, and the longstanding socioeconomic and cultural biases they must overcome.
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A green economy promotes the sustainable development and use of natural resources to minimize negative environmental outcomes.
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An alternative to socialism and capitalism, Islamic economies derive their guidelines from Islamic law.
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In some countries, governments play extensive roles in provisioning social and economic benefits and protections to their residents.
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Early Marxists and their followers ever since argued that primitive, hunter-gather civilizations were essentially communist in nature.
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