Education

This section covers economic topics otherwise uncovered by Microeconomics, Macroeconomics, or Behavioural Economics.

White Collar Definition

White Collar Definition

A white collar is the name used to define a segment of employees that earn higher than average wages in highly skilled positions. White collar positions are known as such because these roles would usually require a shirt and tie outfit. These are the typical roles we may associate with office and management jobs that do not require physical labor.

Egalitarian Definition

Egalitarianism Definition

Egalitarianism is the philosophic idea that all individuals are born equal and should be treated in such a way. In economics, societies are known as ‘egalitarian’ if the income and wealth levels between citizens are equal