If you ever stared blankly at teachers or the news as you listened to a report or lecture on economics and the way economies work, you’ll be in good company. Most of us nod and smile like we pretend ...

Inflation is predicted to cool but uncertainty over AI-driven growth and trade policy poses risks in the year ahead ...

Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I had some sympathy for UK chancellor Jeremy Hunt last week when he was teased for trying to explain inflation ...

Economics is a social science that studies the collection, allocation and distribution of economic resources. Business owners use the study of economics to help them make business decisions. Not only ...

Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...

THE EMERGENCE of the discipline of economics in the 18th century was the result of people trying to explain something that had never happened before. At the time a handful of countries were becoming ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...

How (not) to explain economics to the public on facebook (opens in a new window) How (not) to explain economics to the public on linkedin (opens in a new window) ...