Monopolistic competition is one of the four major types of market structures. It sits alongside perfect competition, oligopoly, and monopoly. […]
Economics
J-Shape Revisited: Human Development and Fertility in the United States
Population growth was observed in societies with advancing economies. However, over the recent decades, economists and demographers have grown to […]
Beyond Group Identity: How Economic Need Shapes Social Cooperation
Parochial altruism refers to the tendency of individuals to favor those in their own group while acting less cooperatively toward […]
Max Planck Study: As Cities Grow, Social Inequality Deepens
Cities have been considered centers of wealth and opportunity. These are places where the affluent thrive and the common folks […]
DoorDash-Klarna Partnership and Micro-Loan Worries
Hungry and cashless? Empty fridge woes? DoorDash has your back. The online food ordering and delivery service provider has partnered […]
In Brief: How Tariffs Could Significantly Impact Packaging
Everything in stores, except fresh produce, comes in a package. Bottled water, dairy products, electronics, and even large appliances need […]
Achieve January 2025 Survey: Americans are Debt-Burdened and Worried
A growing sense of financial unease is gripping American households as new tariff policies threaten to ignite or worsen inflation […]
The Economy of Vatican City Explained
How does the economy of Vatican City work? What are the economic activities? How does it earn revenues? What are […]
Macroeconomics and Microeconomics: The Difference
Economics is divided into two main branches based on scope. These are macroeconomics and microeconomics. For starters, macroeconomics deals with […]
The Purpose of Monetary Policy
A monetary policy is a macroeconomic tool used by governments through their respective monetary authorities to influence economic growth. Take […]