The demand curve is one of the fundamental concepts of economics. It illustrates the relationship between the price of a good or service and the demand for that product, that is, the way a change in ...

I wouldn't exactly say that this is a shock but the European Central Bank has just shown that one of the principal conceits of traditional economics is correct. Demand curves really do slope downwards ...

Learn how variations in price elasticity affect the supply and demand curves and what factors cause differences in elasticity ...

Analysis and construction of demand curves are part of microeconomics, which studies economic situations and reactions and applies it to small business. You can use demand curves as a small business ...

The Federal Reserve wants to be clear. The Sumner Critique is not binding. As will be widely discussed, the recent Fed statement has only one substantive change: Labor market conditions have shown ...

How is it that everyone complaining about high gas prices can see this simple relationship: increased gas prices = people buy less gas [corollary: people buy more fuel efficient cars] ...