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Is Green GDP an Utopia in China?

The green gross domestic  product is an index of economic growth that factors in environmental consequences. Green GDP has gained in popularity for the past 20 years around since Rio Earth Summit in 1992. It differs from the traditional GDP index in that it takes in the factors which reflects the extending environmental effects of economic growth.

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Top 5 Best Global Economics Books Reviewed

In recent years there has been plenty of evidence to show just how closely the different economies around the world depend on each other. In order to fully understand our own economy it is now vital to understand it within the global perspective. There have been a number of great books written on this subject. Here are the top 5 best global economics books reviewed.

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What is Price Elasticity of Demand?

The effect that demand has on price is often easy to see. If a lot of buyers are competing for a resource that is in short supply it has the effect of pushing up the price of this resource. When we talk about price elasticity of demand we are looking at the way that prices reach in regards to demand.

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What is Data Analysis?

Raw data can be hard to make use of unless it can be arranged into something more organized. Data analysis is a way to take this information and turn it into something that is far more useful. By working the data correctly it is possible to get the most value from it. There is also a dark side to data analysis though. In the hands of an expert it is possible to use the raw data to support almost any agenda. For this reason it is always important to think critically when dealing with this type of statistics. This involves understanding a bit about how such analysis is conducted and how it can be manipulated.

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Top 5 Best Economic Statistics Books Reviewed

Economic statistics is not only a subject of relevance to those in an academic setting but practically anyone who hopes to understand how economies function. There have been some great books written on this subject in recent years. Some of these texts are aimed at the complete novice while others would benefit the more advanced economy watcher. Here are just five of the best economic statistics books reviewed.

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What is NAFTA?

Different countries around the world have trade agreements with other countries. The most important and influential of all trading agreements is the North America Free Trade Agreement (NAFTA). The members of NAFTA are the US, Canada, and Mexico and it is sometimes referred to as a trilateral trading block. The reason why NAFTA is so important is that between the three of these members there is the largest GDP of any trading block in the world.

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What Is Frictional Unemployment?

Frictional unemployment is also sometimes referred to as search unemployment. It refers to the unemployed period when people are between jobs or looking for their first job. This is the one type of unemployment that is probably impossible to eradicate completely. It is far less serious than the chronic lack of work that some people are faced with. In a lot of instances frictional unemployment will be voluntary because people are trying to find the work that offers them the best pay and conditions.

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Top 5 Best Economic Issues Books Reviewed

Economic issues are of relevance to a lot of people. Some individuals will have an academic interest in the topic while for others it will be more practical concerns that will attract them to this topic. Of course, there are also many of us who just enjoy finding out more about this topic. There are many texts available on this topic but here are the top 5 best economic issues books reviewed.

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