Discover what basic balance means in economics, its role in balance of payments, and how it helps evaluate a country's inflow ...

It's really amazing to watch Robert Reich struggling with the most basic concepts in economics. Even when he's latched onto something which is actually a good idea, like the universal basic income. He ...

Katelyn Peters has a writer and editor for more than five years who focuses on both investing and personal finance content. In addition to her experience in finance, she is also a volunteer editorial ...

Economics is the study of the allocation of scarce resources. The subject of this course is microeconomics, which examines the decision making of individuals and firms with regard to consumption, ...