Explore the principles of mainstream economics, its origins in neoclassical thought, and criticisms from heterodox theories. Discover how it impacts economic policies.

Economics can seem as if it is an obscure subject, in that you haven't had the chance to study it much, but parts of it can be very understandable. A simple definition of economics is the study of how ...

Here’s a set of definitions for common and emerging economic and fiscal terms often seen bandied about in news reports.

Behavioral Economics is the application of psychology to the field of economics. It describes the role that psychology plays among consumers, employers, and governments, which then impacts markets and ...

Learn how to evaluate an asset's economic life, understand key factors affecting it, and how it differs from depreciation to make informed financial decisions.

This year, the term “sharing economy” was introduced into the Oxford English Dictionary, proof–not that we need it–that the sharing economy as an idea is here to stay. But what’s happened along the ...