Population, labour and employment statistics

Population statistics (demographic statistics) studies the patterns of quantitative changes in population. In accordance with this main task, it studies: the size, composition and movement of the population; causes and factors of population change, its migration, birth rate, mortality, life expectancy. It studies the composition of the population on various grounds – sex, age, social […]

Macroeconomics as a branch of economic science

Economic theory became a science after the classics substantiated that the main source of a nation’s wealth is not the amount of natural resources available to it, but an effective form of organization of the social economy. Since then, the subject of economic research has been the relationship between people regarding the production, distribution, exchange […]

Purchasing power parity theory

The basis of this theory is the nominalistic and quantitative theory of money. The founders of this idea were the English economists D.Yum and D. Ricardo. The latter argued that the low cost of pounds sterling led to a trade deficit: “… the export of a coin is caused by its cheapness and is not […]