The law of supply and demand is a fundamental concept of economics and a theory popularized by Adam Smith in 1776. The principles of supply and demand are effective in predicting market behavior.

Economics is the study of how societies organize production, distribution, and the exchange of goods and services and about choices on how scarce resources are allocated to satisfy human wants. Who ...

From corporate finance, industrial organization, and international business, to markets, competition, and government regulation, HBS doctoral students in Business Economics delve into some of the most ...

Her expertise is in personal finance and investing, and real estate. Positive economics describes and explains economic phenomena in objective and measurable terms, while normative economics ...

The economics of signalling was best articulated by Michael Spence, a Nobel prizewinner. In 1973 Mr Spence developed a simple model of how the labour market works. There are two kinds of job ...

Princeton University Press publishes the most influential and groundbreaking books in economics and finance, books that actively influence how the field defines and redefines itself through a broad ...

While many people may think of money when they hear the word "economics," that’s only one aspect of this broad field. Economics majors analyze social systems — including markets, corporations ...

Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that ...

Our two-year MRes programme offers advanced technical training in microeconomics, macroeconomics, econometrics and mathematical research methods in economics. You will build the knowledge and skills ...

The economics award is not one of the original prizes for science, literature and peace created in the will of dynamite inventor and businessman Alfred Nobel and first awarded in 1901, but a later ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is part of the Financial Times free schools access programme. Details/registration here ...

Kate Abnett covers EU climate and energy policy in Brussels, reporting on Europe’s green transition and how climate change is affecting people and ecosystems across the EU. Other areas of ...