The most important part of an economics paper is showing understanding of the issues. Demonstrate that you understand basic economic principles (inflation, deflation, etc.). Clarity is paramount. Stay ...

Trump’s tariffs could raise $600 billion a year, but this would only happen if consumers avoid substitution and continue to ...

Hoover Fellow and author Thomas Sowell on his fifth edition of "Basic Economics: A common sense guide to the economy." Sowell explains his research and perspectives on inequality, immigration ...

Both political parties offer quick-fix solutions to complex economic problems, particularly inflation, which ...

Behavioral economics uses an understanding of human psychology to account for why people deviate from rational action when they’re making decisions. In the model of rational action assumed by ...

Behavioral economic theories are used to explain most everyday decisions, such as what people buy, how they manage their finances, and whether or not they make healthy lifestyle choices. Contents ...