IS and LM curves, their characteristics, and limitations to understand macroeconomic equilibrium in goods and money markets.

The MRS, or marginal rate of substitution, represents how easy it is to replace one good with another and retain the same level of consumer satisfaction.

Uber has created more than a booming ride-sharing market. It’s given economists a treasure trove of data to understand one of the fundamental concepts of economics: the demand curve.

The answer is, as it do often is in economics, well, it depends. We really are pretty sure that income tax rates of 90% lead to substantial substitution effects.

The Treasury yield curve is an excellent predictor of economic turning points. While there are many different ways to calculate the yield curve, whatever transformation an investor uses all have ...

VideoThe Laffer Curve is a graphical representation of the relationship between tax rates, tax revenue, and taxable income. It is frequently cited by people who want to explain the common-sense ...