Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.

The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...

Digitalization is transforming everything, and as a part of this, the technology-driven economic model (TDEM) continues to evolve. You may have heard of this model as a technology-based economy model.

Scientists have warned that current models are significantly underrepresenting the toll climate change is taking on the global economy.