Mobinomics is a recently coined term which refers to the influence of ubiquitous mobility on traditional economics.
Two examples of how the above forces are influencing traditional economics is:
This is different from the approach of traditional economics.
The central question is whether smokers really do rationally weigh the pluses and minuses of smoking, as traditional economics would suggest.
The criticism of my view will be that it's traditional economics.
The recession marked a shift in policy from more traditional Keynesian economics to the adoption of neoliberal economic policies.
Most of the economic theory employed here is neoclassical traditional economics.
These methods reverse the traditional economics of health care, which encourage overtreatment and unnecessary testing.
This is in sharp contrast to the approach of traditional neo-classical economics.
Others viewed it as traditional Republican "trickle down" economics, meaning that the benefits accruing to wealthier taxpayers would filter throughout the economy.