What Is Environmental Economics?

What Is Environmental Economics?

We’ve all heard of economics, but have you heard of environmental economics? Environmental economics is a type of economics that focuses on the financial impact of environmental policies. An environmental economist performs studies to figure out the empirical or...
A Primer on the Big Mac Index

A Primer on the Big Mac Index

The Big Mac index began in 1986 with The Economist. According to them, it was a “lighthearted guide” to whether currencies are at their “correct” level. It was a fun way to make explaining exchange rate theory more accessible and understandable. So why does The...