A solid understanding of economics helps build a strong foundation in almost every area of life. Here are four economic concepts consumers need to know.

In the business curriculum, Duff shows how other basic principles and concepts can be related to studies of business and the goal of developing personal economic competency. The Journal of Economic ...

More than 70% of American adults in a recent survey said they're as interested in economics as in politics, business, and finance. But half flunked an elementary quiz on basic economic concepts. The ...

Trends and business cycles are two common economics concepts that business managers should understand so they can understand economic news and effectively communicate with potential investors and ...