15
March
2013
On March 4, 2013, Andrew Burns, Manager of Global Macroeconomics in the Development Prospects Group of the World Bank, presented a report – “Global Economic Prospects – Assuring Growth Over Medium Term”, for ISETers.
12
March
2013
Consider yourself in Germany in 1923, entering a bar for drinking a beer. How much would you have had to pay for that? Well, the average price for a glass of beer in the autumn of 1923 was four billion Marks.
18
February
2013
According to standard economic theory, labor is a good like any other, traded on the labor market. Like with all other markets, the price for labor, which is the wage, ensures that supply meets demand.
17
January
2013
Wages and productivity levels differ across countries. For instance, in 2011 the average yearly income in the US was about $53 000, whilst the same indicator was $250 in Madagascar.
27
December
2012
We were not off to a good start in 2012. On 20 January, we lost our dear Mzia Mikeladze. Her sudden passing away has shaken the entire ISET community but life had to continue… We created a memorial fund and a special scholarship to encourage young ISET students to remember Mzia and to follow in her footsteps.
