Articles Index

Measuring Unemployment

This article explains how economists define unemployment.

Introduction to Monopolistic Competition

This article gives an overview of the features of a monopolistically competitive market.

Gross Domestic Product

This article outlines what Gross Domestic Product measures.

The Expenditure Categories of Gross Domestic Product

This article outlines the different expenditure categories that are added up to calculate Gross Domestic Product.

What Is Supply?

This article introduces the concept of economic supply.

What Is Demand?

This article introduces the concept of economic demand.

What Is Behavioral Economics?

This article gives an introduction to the field of behavioral economics.

Measures of an Economy's Income

This article defines various measures of an economy's output and income.

The Short Run versus The Long Run

This article discusses the economic distinction between the short run and the long run.

Introduction to Externalities

This article introduces the concept of externalities, or market side effects, and explains how they can arise in a market.

The Coase Theorem

This article gives an overview of the Coase Theorem.

Types of Unemployment

This article outlines the different types of unemployment and explains how each one can arise in an economy.

Economist Ronald Coase

This article gives a brief biography of economist Ronald Coase.

Types of Money

This article explains the different types of money than can arise in an economy.

Awards and Honors for Economists

This article gives an overview of different awards and honors that are considered prestigious for economists.

What Is a Monopoly?

This article explains what a monopoly is and how markets can give rise to monopolies.

Economist Elinor Ostrom

This article gives a brief biography of economist Elinor Ostrom.

Introduction to Welfare Analysis

This article introduces the concept of welfare analysis that economists use to calculate how much value markets create for society.

What Is Money?

This article outlines the characteristics of money and explains the economic difference between money and wealth.

Economics as the "Dismal Science?"

This article explains the background of how economics came to be known as the dismal science.

Quantitative Easing

This article explains what quantitative easing is and what effect is has on the economy.

Economist Austan Goolsbee

A short biography of economist Austan Goolsbee

Positive Versus Normative Analysis in Economics

This article explains the role of economics in public policy and explains the difference between positive and normative analysis.

Mankiw, Principles of Economics, 5th Edition at About.com

This article gives an overview of how the different about.com economics categories correspond to the material in the 5th edition of Principles of Economics by N. Gregory Mankiw.

Economist Alan Krueger

A short biography of economist Alan Krueger