Four economic concepts that are important to know are the ... Article Sources Investopedia requires writers to use primary sources to support their work. These include white papers, government ...

The law of demand is one of the most fundamental concepts in economics ... That is, consumers use the first units of an economic good they purchase to serve their most urgent needs first, then ...

In this course, we discuss fundamental economic concepts and apply them to current events ... Students will learn how to characterize the relevant aspects (measurement), how to use economic analysis ...