The law of supply and demand is a fundamental principle of economics theory that describes the relationship between supplier output, consumer demand and price. The demand curve is represented by a ...

A demand curve is a graph used to demonstrate the relationship between the demand for a product and the price consumers are willing to pay. To understand what changes a demand curve, you need to ...

AS students at the University of the Philippines School of Economics (UPSE), we have to deal with various economic theories, econometrics and applied economics, involving a deluge of formulas and ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. John Maynard Keynes’ book The General Theory of Interest, ...

Government has no resources. It can only spend what it’s taken from us first. Yet Keynesian economists (meaning the vast majority of economists) believe government spending boosts economic growth.