This post provides an alternating concept or terminology involving Economics.

One of the cornerstones in Economics is demand and supply . Demand is a result of Law of Demand . Looking just at price and quantity,...

Another cornerstones in Economics is the demand curve and supply curve . (If needing to understand demand and supply, go to the Demand...

This post provides alternating concepts and terminologies involving Economics.

CPI stands for Consumer Price Index tracks prices paid by consumers for goods and services as an average change over time. PPI stands...

The Sahm Rule is an early indicator of a recession. It is named after former Federal Reserve economist Claudia Sahm . This recession...