The report warns many economic models are failing to capture extreme weather events and rising uncertainty likely to dominate ...

Economic models used by governments, central banks and investors are increasingly understating physical climate risk because ...

Researchers say governments and financial institutions underestimating threat because they rely on models that assume climate ...

Explore how the circular flow model illustrates money's movement through an economy, cycling from producers to consumers, influencing GDP.

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

The ongoing revolution in artificial intelligence, especially deep learning, is transforming research across many fields, including economics. Its impact is particularly strong in solving equilibrium ...

This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Americans have been hammered for decades with an economic message that amounts to this: When wealthy ...

Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...

Critics say economic models not fit for purpose Economists urged to take broader, cross-discipline view COP28 climate talks start in Dubai on Nov. 30 Nov 22 (Reuters) - Ahead of international climate ...

“Europe and the world should once again view Germany with admiration rather than bewilderment,” proclaimed Friedrich Merz in the video message announcing his candidacy for the chancellorship in the ...