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The Science of Economies

Introduction to Economics

This section covers important terms and concepts you need to understand economics as a social science.

Economics
Systems Analysis
Marxism
Socialism
John Maynard Keynes
Adam Smith
Karl Marx
Ecological Economics
Opportunity Cost
Production Possibility Frontier

Markets

Introduction to Economics

This section covers the microeconomic analysis of markets, including an individual transaction approach, a discussion of types of markets, including auctions, as well as a classical Marshallian approach, including a discussion of market power, and monopoly. Us...

Microeconomics
Supply and Demand
Economics
Monopoly
Auctions
Open markets
Green taxes
Carbon tax

Indicators

Introduction to Economics

This section covers macroeconomic aggregate measurements such as GDP, unemployment, and price inflation. Institutions discussed include Parliament, Bank of Canada. Topics include banking, credit unions, money, and cryptocurrency.

Macroeconomics
Macro indicators
Money and Banking
Central Banking
Fiat
Bitcoin

Macroeconomic Policy

Introduction to Economics

This section discusses the macro institutions such as Parliament, the Central Bank, and their responsibilities in regard to fiscal, and monetary policies.

Keynesian Cross
AD-AS
Limits to Growth
Green Transition
Fiscal policy
Monetary policy
Industrial policy
Macroeconomics

General Information

Research Methods

Supplementary Material

Research Methods

Your Science Report

MTI

This section is about your project. We are going to take this step by step. It will end up being a pretty big project. But trust me. You can do it. Here are a few excerpts from past student projects (with permission): On James McGill, founder of th...

Section 4 - Quick Reference

Introduction to Social Science Research

A collection of resources to revise and double-check your work.

Macroeconomic Models

Introduction to Economics

This section presents macroeconomic models such as the Keynesian Cross, AD-AS, Long-Run Growth, and principles of Innovation Economics.