Learn how the marginal propensity to save (MPS) impacts economic decisions and calculations. Discover its role in Keynesian economics and how to calculate MPS effectively.
Discover how Fourier Analysis breaks down complex time series data into simpler components to identify trends and patterns, despite its limitations in stock forecasting.
Randall Morck of the Alberta School of Business says economists too often regard people as "dynamic, stochastic optimization ...
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