1. Education

Your suggestion is on its way!

An email with a link to:

http://economics.about.com/popular.htm

was emailed to:

Thanks for sharing About.com with others!

Economics: Most Popular Articles

These articles are the most popular over the last month.
The Circular-Flow Model
This article describes the circular-flow model and explains how it shows the movement of money, goods and services, and factors of production in an economy.
Why Not Just Print More Money?
class="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >[Q:] Can you help
The Definitive Guide to Understanding Price...
Article gives a common-sense and easy to understand explanation of what price elasticity of demand is and how to calculate the price elasticity of demand
Marginal Revenue and the Demand Curve
This article explains the relationship between the marginal revenue curve and the demand curve.
The Demand Curve
This article introduces the demand curve and discusses a few of its features.
Explaining 5 Types of Unemployment
This article outlines the different types of unemployment and explains how each one can arise in an economy.
The Budget Constraint
This article introduces the concept of the budget constrains and describes some of its important features.
The Production Function
This article introduces the economic production function, which relate the quantity of output to the amount of capital, labor, and other factors of production that a company uses.
What Is the Labor Force Participation Rate?
class="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >Question: What
The Short Run Versus The Long Run
This article discusses the economic distinction between the short run and the long run.
A Beginner's Guide to Exchange Rates and the...
An introduction to what exchange rates are and what causes them to change.
In Economics, What's the Difference Between...
Nominal vs. Real Question Answered: I'm learning economics and I keep hearing the terms nominal and real all the time to describe things like interes rates. What's the difference between nominal and real?
10 Supply and Demand Practice Questions
10 practice supply and demand questions to help students study for tests.
The Production Possibilities Frontier
This article introduces the production possibilities frontier as a basic model of production tradeoffs and describes some of its notable features.
Calculating Economic Equilibrium
This article shows how to find economic equilibrium using algebra.
The Determinants of Demand
This article outlines all of the different factors than can affect economic demand for an item.
Cross-Price Elasticity of Demand
Article gives a common-sense and easy to understand explanation of what the cross-price elasticity of demand is and how to calculate the cross-price elasticity of demand
How Does Money Work?
Article for beginners answers the question: What Is Money? After reading the article, you will be able to give a quick and correct answer to the question 'What Is Money?'
Real Exchange Rates
This article gives an overview of what real exchange rates are and how they are used.
The Determinants of Supply
This article outlines the different factors that affect the supply of a good or service.
The Lorenz Curve
This article introduces the Lorenz curve as one way to measure income equality and shows how the curve is constructed.
Why does money have value?
Find the answer to this week'’s economics question, “Why does money have value?” here. The value of money is not a topic people think about too often but it is quite vital in understanding economics.
Microeconomics vs. Macroeconomics: What's the...
This article explains the distinction between microeconomics and macroeconomics.
Increasing, Decreasing, and Constant Returns to...
class="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >[Q:] I was wondering
Why Study Economics?
class="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >[Q:] : Perhaps
Supply and Demand Equilibrium
This article shows how supply and demand come together to determine prices and quantities in a market.
Expansionary Monetary Policy vs. Contractionary...
I'm having a little trouble trying to understand expansionary monetary policies and contractionary monetary policies. Can you help explain what impact expansionary monetary policies and contractionary monetary policies have on the economy?
What Was The Gold Standard?
A look at what the gold standard was and how it differs from the fiat system of money today. A comparison of fiat money and the gold standard.
What Is Inflation?
An article on inflation for beginners which answers the question: What is Inflation?
The Relationship Between Average and Marginal...
This article outlines the relationship between average cost and marginal cost and shows intuitively why this relationship holds.
Price Elasticity of Supply
Article gives a common-sense and easy to understand explanation of what price elasticity of supply is and how to calculate the price elasticity of supply.
What Is the Government's Role in the Economy?
A look at the role government plays in the economy.
What Is Economics?
Article for beginners answers the question What is Economics?
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.
The 3 Types of Money in an Economy
This article explains the different types of money than can arise in an economy.
The Quantity Theory of Money
This article introduces the quantity theory of money and discusses various critiques of the theory.
Income Elasticity of Demand
Article gives a common-sense and easy to understand explanation of what income elasticity of demand is and how to calculate the income elasticity of demand.
Will the World Ever Run Out of Oil?
For as long as I can remember, I've been hearing that the world oil supply will run out in a few decades. I remember quite vividly growing up in the early 1980's hearing that there wouldn't be any oil left by the time I learned how to drive. Fortunately the prediction of a depleted oil supply never came true.
Marginal Revenue and Marginal Cost Practice...
In this article we go through 5 questions on marginal revenues and marginal costs to illustrate how a student should answer these questions.
Analysis of a Subsidy
This article explains the effect that a subsidy has on market price and quantity as well as on the economic well-being of consumers, producers, and society overall.
Giffen Goods
This article introduces the concept of a Giffen good and explains how Giffen goods can occur.
A Beginner's Guide to Purchasing Power Parity...
A full overview of the PPP Theory in economics for beginners, explaining how it works and what the theory implies.
What Is the GDP Deflator and Why Is it Used?
This article introduces the concept of the GDP deflator as a measure of aggregate price level and shows how it can be used to measure inflation.
Using Calculus To Calculate Price Elasticity of...
An article which explains how to calculate various elasticities using calculus.
Helpful Tips to Ace that Econ Exam
How To Study For Your Economics Exam. Tips on how to study for your economics exam that is a few weeks away as well as tips on how to cram the night before, if necessary.
Extreme Cases of Income Taxes' Effect on...
What effect do income taxes have on economic growth? Will lower income tax rates lead to higher growth, or will they just line the pockets of the rich?
What's the Difference Between a Recession and a...
How can I tell the difference between a recession and a depression? What is the definition of a recession? Of a depression? How can we tell when we're in a recession oe when we're going to get out of one?
Returns to Scale
This article explains what is meant by the concept returns to scale and outlines when companies exhibit increasing, decreasing, and constant returns to scale.
Introduction to Competitive Markets
This article introduces the concept of a competitive market and outlines the economic features that competitive markets exhibit.
Impact of Globalisation on Developing Countries...
Impact of Globalisation on Developing Countries and India
How Do Economists Define Supply?
Supply - what do economists mean when they use the term supply? A common sense discussion on the economic concept of supply.
Calculating Gross Domestic Product Using Value...
This article shows how to calculate Gross Domestic Product using the value added at each stage of production.
The Coase Theorem
This article gives an overview of the Coase Theorem.
What Do Economists Mean by Short and Long Run?
Article answers the question: I am undergoing an economics lecture at the undergraduate level and cannot understand the difference between
What Are Tariffs and How Do They Effect the...
class="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >In my article
Definition of Constant Returns to Scale
Constant Returns to Scale Defined - A Dictionary Definition of Constant Returns to Scale
What Is the Business Cycle?
Article for beginners answers the question: What is the Business Cycle?
What does the value of the Dow Jones represent?
What does the value of the Dow Jones represent?
What Is Microeconomics?
Article for beginners answers the question: What Is Microeconomics?
Cost Curves
This article illustrates the cost curves associated with a typical firm's costs of production.
Economics - The A to Z List
Want to know the meaning of an economics term? Look no further than here!
Elasticity Versus the Slopes of the Demand and...
This article explains the relationship between elasticity and the slopes of the demand and supply curves.
Nominal Interest Rates and Money Supply and...
This article explains how money supply and money demand come together to determine nominal interest rates in an economy.
Exchange Rates
I want to be able to read exchange rate charts. I read A Beginner's Guide to Exchange Rates and the Foreign Exchange Market and I understand the lemons and oranges, but I am missing the base. If I look at a chart produced by someone in the United States and the index number next to US$ is 1.69 and the index value of the Euro is 1.89, am I saying that 1.89 Euros has the same value as 1.69 US$?
Demand - The Economics of Demand
Demand - what do economists mean when they use the term demand? A common sense discussion on the economic concept of demand.
The Gini Coefficient
This article introduces the Gini coefficient as a numerical measure of income inequality.
More Factors Which Influence the Demand for Money
This question answers the questions: What is the demand for money? Does that change? The other three elements all make perfect sense to me but demand for money is confusing me to no end. Page 2.
Public Goods, Common Resources, and Club Goods
This article outlines the different types of goods that can exist when property rights are not well-defined.
How to Understand and Calculate Cost Measures
This article explains how to calculate marginal cost, total cost, fixed cost, total variable cost, average total cost, average fixed cost, and average variable cost using simple examples.
What Are The Three Types of Unemployment?
There are three types of unemployment. How do they differ?
What are Opportunity Costs?
class="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >Question: What
How Do Economists Measure Unemployment?
This article explains how economists define unemployment.
5 Strategies Corporations Use to Raise Capital
An examination of how capital is raised by corporations.
Oregon's Mileage Tax: A Truly Bad Idea
class="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >I try not to editorialize
Introduction to Exchange Rates
This article introduces the concept of exchange rates and foreign exchange and explains the distinction between nominal and real exchange rates.
Calculating and Understanding Real Interest Rates
class="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >[Q:] I have a
Cost Minimization
This article introduces a basic rule that can be used by firms to figure out what mix of labor and capital produces output at lowest cost.
Absolute and Comparative Advantage
This article introduces the concepts of absolute advantage and comparative advantage and explains why they are relevant to understanding the gains from trade.
Definition of Budget Line
Budget Line Defined - A Dictionary Definition of Budget Line
What are Cost-Push Inflation and Demand-Pull...
We Answer The Question: What do the terms
Definition of Market
Market Defined - A Dictionary Definition of Market
What Determines an Exchange Rate
A discussion for beginners that examines what determines an exchange rate or the value of a currency. Why do currencies go up and down?
Five Economics Term Paper Topic Suggestions -...
Tips, links and sources for writing an economics term paper.
A Mixed Economy: The Role of the Market
A look at the mixed economy of the United States.
Shifting the Demand Curve
This article explains when and how to shift a demand curve.
The Costs of Production
This article outlines different ways to measure the costs of production.
The Post War Economy: 1945-1960
An examination of the American economy after World War II.
5 Arguments Against Free Trade
This article outlines the arguments that people make against free trade and explains the flaws in the reasoning of each of the arguments.
The Economy in the 1980s
An examination of the state of the American economy during the 1980s.
Does Pure Capitalism Exist in the United States?
An examination of the capitalist economy of the United States.
What's a Free Market Economy?
Free Market Economy Defined - A Dictionary Definition of Free Market Economy
Money
Money Defined - A Dictionary Definition of Money
Changes in Equilibrium with Multiple Curve Shifts
This article performs comparative statics, or analysis of changes in market equilibrium, when multiple factors affect supply and demand in a market.
Introduction to Average and Marginal Product
This article introduces the concept of marginal product and discusses some common properties of this measure.
What Is Arbitrage?
Article answers the following question: What is arbitrage? What markets do arbitrageurs usually trade on? The answers to your arbitrage questions right here.
The Basics of Seasonal Adjustment
This article explains what seasonal adjustment is and why it is used in economic analysis.
The Welfare Implications of a Tariff
This article analyzes the welfare implications when a country places a tariff on an imported good.
Would 0% Unemployment Be a Good Thing?
class="no-js" itemscope itemtype="http://schema.org/Article" > [A:] Thanks for the great question! While
Are Wars Good for the Economy?
The standard argument goes as follows: Let's suppose that the economy is in the low end of the business cycle, so we're in a recession or just a period of low economic growth.
The Effects of a Black Market Using Supply and...
We show through supply and demand analysis what happens when a black market is created.
What Effects Does Monetary Policy Have?
I'm having a little trouble trying to understand expansionary monetary policies and contractionary monetary policies. Can you help explain what impact expansionary monetary policies and contractionary monetary policies have on the economy. Page 2.
The Supply Curve
This article introduces the supply curve and discusses a few of its features.
What does Economic Efficiency mean?
class="no-js" itemscope itemtype="http://schema.org/Article" > itemprop="description" >Question: What
Definition of The Double Coincidence of Wants
The Double Coincidence of Wants Defined - A Dictionary Definition of The Double Coincidence of Wants
Introduction to Revenue
This article gives an overview of the different ways to measure revenue.
What Is a Commodity?
Article answers the question. Economics.
What Is International Economics?
Article for beginners answers the question: What Is International Economics?
Marginal Analysis
A look at the use of marginal analysis in economics. An article for students new to economics.
The Economics of Price Gouging
This article outlines the economics involved in the scenario commonly referred to as price gouging.
What Are the 5 Elements of a Ponzi Scheme?
An article aimed at beginners that answers the questions
What Are Interest Rates?
Article for beginners answers the question: What are Interest Rates?
What Is the Demand For Money?
This question answers the questions: What is the demand for money? Does that change? The other three elements all make perfect sense to me but demand for money is confusing me to no end.
Definition of Gross National Product (GNP)
Gross National Product (GNP) Defined - A Dictionary Definition of Gross National Product (GNP)
5 Tips to Help You Understand Utility in...
Marginal Utility is a concept introduced very early in microeconomics. But what exactly is marginal utility and how do we use it?
The Economic Inefficiency of Monopoly
This article explains why monopolies are inefficient for society compared to competitive markets.
The Fisher Effect
This article introduces the Fisher Effect and discusses the conditions under which it holds.
The Importance of the Supply and Demand Model
This article introduces the supply and demand model.
Calculating Profit
This article explains how to calculate a company's economic profit and explains the difference between accounting profit and economic profit.
Utility
Utility Defined - A Dictionary Definition of Utility
The Prisoners' Dilemma
This article introduces the prisoners' dilemma game and shows how to solve for the Nash equilibrium of the game.
What Is Deflation and How Can it Be Prevented?
Deflation and Printing Money: Is the problem that there is more to printing money than printing money? Is in fact the way printed money gets into circulation, that the fed buys bonds, and thus get money into the economy? When the government prints money it causes inflation. Would printing more money cure deflation?
Would a Gasoline Tax Cause People to Buy Less...
price elasticity of demand, gasoline
Are Credit Cards A Form Of Money?
Are credit cards are a from of money? An interesting and unusual question about! Let's take a look at what is considered to be money and where credit cards fit in.
The Expenditure Categories of Gross Domestic...
This article outlines the different expenditure categories that are added up to calculate Gross Domestic Product.
The Changing Landscape of Pensions in the US
An examination of pensions for workers in the United States.
The Federal Reserve System
This article explains what the Federal Reserve is and what function it serves in the economy.
Definition of Demand
Demand Defined - A Dictionary Definition of Demand
How Do You Measure the Size of the Economy?
A discussion on how we measure how big the economy is and how it is performing.
What Is Econometrics?
Article for beginners answers the question: What Is Econometrics?
Why Don't Prices Decline During A Recession?
When there is an economic expansion, demand seems to outpace supply, particularly for goods and services that take time and major capital to increase supply. As a result, prices generally rise (or there is at least price pressure). We look at why deflation does generally not occur during a recession.
How Adam Smith Became the Founding Father of...
A short biography of Scottish economist Adam Smith.
A Beginner's Guide to Economic Indicators
I'm constantly hearing about economic indicators in the news, but I'm never sure what they're talking about. What are economic indicators and why are they important?
Small Business in the United States
A discussion of American small business.
Regulation and Control in the U.S. Economy
A look at the use of regulation and control in the U.S. economy.
Gold Standard vs. Fiat Money
A look at what the gold standard was and how it differs from the fiat system of money today. A comparison of fiat money and the gold standard. Page 2.
What Is the Difference Between Relative PPP and...
Relative PPP vs. Absolute PPP. Definitions and descriptions. What Is the Difference Between Relative PPP and Absolute PPP?
Government Involvement in the American Economy
An examination of the role governments have played in economic growth.
What Is a Country's Current Account Balance?
Current Account Balance Defined - A Dictionary Definition of Current Account Balance
Should Governments Legalize and Tax Marijuana?
The war on drugs is an expensive battle, as a great deal of resources go into catching those who buy or sell illegal drugs on the black market, prosecuting them in court, and housing them in jail. In a recent study for the Fraser Institute, Economist Stephen T. Easton attempted to calculate how much tax revenue the Canadian government could gain by legalizing marijuana.
Pro Forma
Pro Forma Defined - A Dictionary Definition of Pro Forma
Why Is Economics Called the Dismal Science?
This article explains the background of how economics came to be known as the dismal science.
How Has Farming Influenced America's Economy?
A look at the impact agriculture has on the American economy.
Definition of Fiat Money
Fiat Money Defined - A Dictionary Definition of Fiat Money
What Is an Externality? Learn the 4 Possibilities
This article introduces the concept of externalities, or market side effects, and explains how they can arise in a market.
Definition of Externality
Externality Defined - A Dictionary Definition of Externality
A Beginner's Guide to the Reserve Ratio
A Beginner's Guide to the Reserve Ratio looks at the impact the reserve ratio has on the money supply
Economic Growth and the Rule of 70
This article explains what the rule of 70 is and discusses how it is relevant to studying economic growth.
Definition of Law of Demand
Law of Demand Defined - A Dictionary Definition of Law of Demand.
Aggregate Demand & Aggregate Supply Practice...
In this article we go through 6 questions on aggregate supply and aggregate demand to illustrate how a student should answer these questions.
Explore Economics
By Category
    economicsEconomicseducationEducationaf5041839b000706cb80846faf5041839b000806cb806301http://economics.about.comod526F6F7493126liveJodi Beggseconomicsguide38s000NfzNIP11970-01-0110/od/index.htm0526F6F741approved/od
  1. About.com
  2. Education
  3. Economics

©2015 About.com. All rights reserved.