The education and application of skills in it is an essential prerequisite for the growth and development of each national economy in the future. Investing in education and skills development are essential incentive for raising the growth and competitiveness of each country and its participation...

The purpose of this paper is an introduction to methods for conducting inquiries in social sciences. A method of inquiry is an organized and systematic scientific approaches used by scholars for controlled investigations and experiments to efficiently solve theoretical and practical problems,...

The learning group in Regional Economics works in a similar way as the Balint medical group. During a session, a “problem” is presented by a group member, in the context of a rotation or “turn taking”. The other members do not try to ”solve the problem” by adding technical...

As the economies are becoming knowledge intensive and industries are encountering hypercompetitive technology environments, and the markets undergoing large scale globalization with firms experiencing wild fluctuations in financial performance, firm governance structure and the functioning of...

'Market failure' is a term widely used by politicians, journalists and university and A-level economics teacher and students. However, those who use the term often lack any sense of proportion about the ability of government to correct market failures. This arises partly from the lack of general...

Economics is permeated with value judgements, and removing them would be neither possible nor desirable. They are consequential, in the sense that they have a sizeable impact on economists’ output. Yet many economists may not even realise they are there. This paper surveys ways in which values...

This paper, following McGoun's (1997) seminal article comparing the economy of financial securities to a hyperreal poker game, argues that finance and accounting researchers should take the “linguistic turn” that has rejuvenated theory and research in many, if not most, of the social science...

In this study, it was found that economists were sensitive to different commodities based on their attitudes in terms of fairness toward the price mechanism, whereas non-economists did not exhibit significant sensitivity. This sensitivity was so strong that no self-selection effect could be...

Recent studies in psychology and neuroscience offer systematic evidence that fictional works exert a surprisingly strong influence on readers and have the power to shape their opinions and worldviews. Building on these findings, we study 'Potterian economics', the economic ideas, insights, and...

This brief essay sketches the ways in which four leading economic thinkers (Knight, Coase, Posner and Sunstein) have dealt with a vexing tension in the relations of economics to law, the state, and the social. The tension arises as microeconomists address (or fail to address) the relations of...