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 knowledge economy refers to the value of products and services derived from human capital. It's a large share of the economic activity in highly developed nations.

What explains the Polish economic success story? We can’t necessarily credit our governments, apart from actions taken in the first years of post-Communism transformation. More recent administrations ...

Mixed economies blend free market and socialist elements, balancing efficiency and social welfare. Advantages include efficient resource allocation and innovation-driven profit, as seen with Apple.