Learn about market failure in economics, where supply and demand imbalances lead to inefficient distribution, its types, and causes.

Commerce Secretary Howard Lutnick predicts that first-quarter economic growth will heat up to 5%. But sustaining that pace ...

Explore true cost economics, an approach that includes external costs like pollution in pricing, ensuring a more accurate reflection of societal and environmental impacts.

Yum! Brands, Inc.’s YUM next growth phase appears increasingly tied to a single, deliberate priority: improving franchise-level economics. Management has made it clear that unit expansion, margin ...

Economics isn’t just a number’s game. Human irrationality is so intrinsically tied up in the human need to rationalize that financial decisions are often made when our conscious brains are held for ...

As an economist who is well known in my town, I get calls from economics majors (or their parents) asking for help finding jobs. Here’s a summary of my advice for soon-to-graduate or recently ...

Editor’s Note: Billionaire venture capitalist Nick Hanauer made his fortune as the seventh investor in Amazon and as the owner of a web ad firm, which he sold to Microsoft in 2004 for a whopping $6.4 ...

E conomics comes in for plenty of criticism: Economists assume people are unvaryingly selfish; economics is all complicated mathematics and ignores the real world; economists only care about money and ...

Cecilia is a freelance writer, content marketing strategist and author covering education, technology and energy. She is a current contributor to the Forbes Advisor education vertical and holds a ...

Kevin Hoover had his pick of the world’s best universities. A budding economist at the Federal Reserve Bank of San Francisco, he had been accepted into Ph.D. programs at Harvard, MIT, Stanford, and ...

An economics bachelor’s degree prepares you to collect and analyze information, monitor economic trends, and develop forecasts to guide industries in making critical decisions. Three Dynamic Tracks: ...

Janet Yellen, the former chairwoman of the Federal Reserve and the incoming president of the American Economic Association (AEA), kicked off the discussion by citing abysmal statistics on diversity in ...