Environmental Economics

First of all let’s clear up what environmental economics is. In general it looks at how different economic activities and policies affect the environment. It deals with the benefits and costs of decreasing pollutions that we create to stop the global warming. Lately lots of people are concerned about the topic of climate change and …

BREXIT

Nowadays the most debated and critical topic in the newspapers is Brexit. Brexit is concerning everyone because the consequences will affect all countries and not only the UK. Since we are cosmopolitans we have the duty to know what Brexit really is and what the consequences will be. WHAT DOES BREXIT MEAN? It is a …

NEET- A TRHEAT or OPPORTUNITY FOR ECONOMICS AND SOCIAL GROWTH OF A COUTRY

NEET: not engaged in education, employment or training WHAT ARE WE TALKING ABOUT?They call it the "NEET" generation and they are young people up to the age of 34 who are not in training, do not have jobs and often do not even look for it. Due to the economic and financial crisis that began …

Economic Development or Economic Growth?

No one knows for sure who first invented money, but historians believe metal objects were first used as money as early as 5,000 B.C. Around 700 B.C., the Lydians became the first Western culture to make coins. Eventually, societies moved away from using precious metals to make money - the first paper money issued in …

Christmas: Happiness and Economics

In 2016, the London School of Economics conducted an expert survey[1]to explore the relationship between populations’ wellbeing and national holidays. The results showed that 15 out of the 28 professors surveyed agreed that major festive periods, such as Christmas increased wellbeing and overall happiness of populations, while just 5 disagreed, and others abstained. The second …