He is a professor of economics and has raised more than $4. ... SDI Productions / Getty Images Four key economic concepts consumers should understand are scarcity, supply and demand, costs and ...

While many people may think of money when they hear the word "economics," that’s only one aspect of this broad field. Economics majors analyze social systems — including markets, corporations ...

This puts the task of increasing output on the shoulders of the government. According to Keynesian economics, state intervention is necessary to moderate the booms and busts in economic activity, ...

This article is one of the winning submissions from the New York Post Scholars Contest, presented by Command Education. NYC ...

Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance ... The study of microeconomics involves several key concepts, including but not limited to ...

But it's hard to take such insults seriously when Trump himself fails to grasp some fairly basic concepts involving science ...

One of the most basic concepts of economics is want vs. need. A need is something you have to have, something you can't do without, like air. A want is something you would like to have.

Still, Hederman is skeptical of programs that use universal basic income concepts and said he believes there are better ways to help people. For instance, programs that have conditions attached to ...