Discover what a demand shock is, its causes and impacts, plus real-world examples. Learn how these sudden demand changes ...
Discover what joint supply means in economics, how it results in multiple outputs, and see examples like livestock that yield both meat and hide.
View post: Amazon is selling a $50 mini hot and iced coffee maker for only $37 Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on ...
The US housing market is distorting a core principle of economics: supply and demand. Home prices soared in May, even as existing home sales fell and the supply of homes for sale jumped. "This one is ...
Higher education is leading the charge in a region-wide effort to address a projected critical shortage of nurses in southern ...
The fundamental principles of economics are based on human nature and do not change regardless of how they are interpreted. People behave certain ways on an individual and societal level based on the ...
The title of Benjamin M. Friedman’s “Religious Influences on Economic Thinking” is dully academic but eye-catching all the same. It is a slim book, some of it a restatement of the argument the author ...
Egg prices have soared to new records over the last couple of months. The wholesale price for a dozen white eggs climbed to over $8 in February. Since then, that price has dropped but the prices ...