The Bank of Canada announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is 3/4 per
Category: Macroeconomics
National Income Accounting Explained
Including Intro to Balance of Payments Here is a brief tutorial to aid newbie economists understand the constructs behind national income accounting and balance of
Federal Reserve Increases Overnight Rate to .5%
The federal reserve today increased the overnight lending rate by a quarter percentage to 1/2 a percent. This is the first increase in nearly a
Alberta to Bump Minimum Wage Starting in October
Business’ may cry foul, but Alberta, despite being one of the wealthiest provinces in the country, when the oil price is high, has the lowest
Infrastructure Spending Is Zero. That’s 0 with a zero
Lawrence Summers, Professor and President Emeritus at Harvard University, has made an assertion that has startled many economists and has gotten the the policy thinkers
Consumption Bundle Assumptions
Introductory Macroeconomics Following up from our introduction to economics/macroeconomics article, this post talks about ‘self-interest’ and maximizing over a set of preferences subject to constraints.