Learn how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.

Understand the differences between external economies and diseconomies and how they impact industries. Learn about positive ...

Intangible assets include intellectual property, brand equity, customer relationships, and proprietary technology. Companies with a cost advantage are those able to produce their goods or services at ...

The ability to achieve economies of scale is the foundation of much of the world’s modern wealth. In the original Ford Motor factory in Detroit, the company managed to gradually take the time required ...

Wise aims to reduce transfer costs to zero by bypassing costly banking systems, giving it a competitive edge and creating entry barriers for new competitors. Wise's robust infrastructure and economies ...

The Federal Reserve’s large-scale purchases of long-term Treasury securities most likely provided a moderate boost to economic growth and inflation. Importantly, the effects appear to depend greatly ...

The Journal of Economic Education, Vol. 50, No. 1 (January-March 2019), pp. 33-43 (11 pages) The authors describe an innovative active learning strategy for a course on the economics of developing ...

One of the crucial economic lessons of the Covid-19 pandemic is the importance of diversifying local economies, even in America’s largest cities. New York City continues to struggle with an economy ...