Many of us have learned tough lessons on supply and demand over the past few years. The COVID-19 pandemic found many Americans hoarding toilet paper, jumping into new hobbies or splashing out on ...

Economics 101 is the name many colleges and universities use for their introductory undergraduate economics course. It’s also shorthand for the ideas at the heart of classical economics as they have ...

This story contains details about suicide that may be disturbing to some readers. Our team here at Marketplace is taking an introduction to economics class as part of what we’re calling the ...

At the time of my taking, Fall 1988, Econ 101 at the University of Illinois was held in Foellinger Auditorium, 1000+ students in the lecture with a raft of smaller discussion sections staffed by grad ...

For many college students, introductory economics is a rite of passage. Some may call it a general education requirement, others may call it a gateway to the corporate world. But there is a common ...

You have no doubt heard the well-worn dictum of Karl Von Clausewitz, the great Prussian military strategist, that war is the extension of politics by other means. Well, the same is true of economic ...

Inflation is described as too many dollars chasing too few goods. It reflects an imbalance in the supply and demand of goods and services. The interaction between supply and demand sets prices in the ...

An icon in the shape of a lightning bolt. Impact Link Even if you don't know Dutch historian Rutger Bregman's name, you've likely heard him speak. In January of last year, you probably saw a viral ...

For a whole generation, Harvard professor Gregory Mankiw defined the conventional wisdom in economics. He taught the university’s introductory course for 14 years. I read his best-selling textbooks to ...

So let me get this right: President Biden is ordering gas stations to cut their prices. Here’s the tweet: “My message to the companies running gas stations and setting prices at the pump is simple: ...