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Econowmics

  • Home
  • Economics
    • Behavioral Economics
    • Econometrics
    • Economics and History
    • Macroeconomics
    • Microeconomics
    • Miscellaneous
      • Awards and Honors
      • Economic Schools of Thought
      • Economic Quotes
      • Economic Videos
    • Terms and Concepts
  • Data Analysis
    • Statistics
    • Python Programming
  • Contact

Tagged: Purchasing Power Parity

Hollis Johnson

Terms and Concepts

The Big Mac Index: A delicious indicator

  The Big Mac Index was written by Pam Woodall in The Economist in 1986. The index, also known as Burgernomics, is published every spring...

Art of Balance, by Ilya Zomb

Macroeconomics / Terms and Concepts

Purchasing Power Parity; hey look, a balance

  Our willingness to pay a certain price for foreign money must ultimately and essentially be due to the fact that this money possesses a...

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  • Daniel Kahneman
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  • paul samuelson
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  • The Sunk Cost Fallacy
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