Four key economic concepts—scarcity ... Scarcity explains a basic economic problem: the world has limited resources and seemingly unlimited needs. This reality forces people to make decisions ...

Principles of Macroeconomic Literacy emphasizes basic economic concepts such as value and cost in developing macroeconomic ideas. Besides the economics of Adam Smith, Freidrich Hayek, and Milton ...

Two programs are using the principles of Universal Basic Income (UBI) to impact poverty. See why Columbus leaders are interested in the concept.

Yu said other questions tested basic economics concepts but required students to have some common sense about things that they don’t normally come in contact with. For example, for Q.