Author(s): Alan Hassan
Economic theory has undergone significant evolution over the past few decades, yet traditional theories continue to influence modern economic thought. This article explores key developments in economic theory, including the rise of behavioral economics, game theory, and the renewed focus on macroeconomic stability. It evaluates how these theoretical shifts have impacted economic policy-making and real-world economic strategies. The article concludes by discussing how future advancements in economic theory could shape economic practices in the coming years.